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Question 45 Blossom Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $126,380 and variable costs
Question 45 Blossom Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $126,380 and variable costs to be $32 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point s LINK TO TEXT LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $890,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety TO TEXT Compute the sales dollars required to earn net income of $153,620 Required sales
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