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TB Problem 3-163 (Algo) Lush Lawn, Incorporated produces and sells... Lush Lawn, Incorporated produces and sells electric lawn trimmers for $145 each. The variable costs
TB Problem 3-163 (Algo) Lush Lawn, Incorporated produces and sells... Lush Lawn, Incorporated produces and sells electric lawn trimmers for $145 each. The variable costs of each mower total $105 while total monthly fixed costs are $6,200. Current monthly sales are $50,500. The company is considering a proposal that will decrease the selling price by 20%, increase monthly fixed costs by 50%, and increase unit sales to 1,100 units per month. Required: a. Compute the company's current break-even point in units and dollars. b. What is the company's current margin of safety in units, dollars, and percentage
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