Sheridan, Inc. makes computer bags that sell for $$25$ each. For the coming year, management expects fixed costs to be $$2,32,000.$

Variable costs are $$17$ per unit.

$($a$)$

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Compute break$-$even sales in dollars using the mathematical equation.

Break$-$even sales $

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Compute break$-$even sales using the contribution margin ratio

Break$-$even sales $

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$($c$)$

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Compute margin of safety ratio assuming actual sales are $$944,500.($Round answer to $0$ decimal places e$8.20\%)$

$($d$)$

Compute the sales required to earn a net income of $$157,000,$ using the mathematical equation. $($Round answer to $0$ decimal places,

e$.$g $5,275.$

Required sales