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Requirement 2a. Destermine the salres volume in units neressiry to man the dasirnd prafit nesuming Gary wants to narn a profit rf SAO0 per shem.
Requirement 2a. Destermine the salres volume in units neressiry to man the dasirnd prafit nesuming Gary wants to narn a profit rf SAO0 per shem. Gary misisel lubs per show to earn a proril of SGOD per shaw. b. Detemina the sales wolume in dollars neceseary' to earn tha desined proti essuming Gery 'wants to esm e profit of SDO per shou. Degin by identifying the formuls io compule the sales wolurne in dollars necessary to esrn the desired profit. = Target sales in dollers Gary must achieve sales of to earn a prefin of $300 per show. c. Using the contribulion margin formal, prepare an income etatement \{condensed versiori) to confirm your answers to parts a and b. Now identify the formula to compute the margin of safety in units The margin of safety in units is units. Now identify the formula to compute the margin of safety as a percentage. The margin of safety as a percentage of target sales is %
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