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The Answers please Exercise 5-16 Glacial Company estimates that variable costs will be 57.3% of sales, and fixed costs will total $677,000. The selling price
The Answers please
Exercise 5-16 Glacial Company estimates that variable costs will be 57.3% of sales, and fixed costs will total $677,000. The selling price of the product is $6.00. Your answer is partially correct. Try again. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 3 decimal places, e.g. 0.527 (2.7%) and final answers to o decimal places, e.g.5,275.) (1) Break-even sales (2) Break-even sales 264,453 units 1,586,718 LINK TO TEXT IDEO: SIMILAR EXERCISE Your answer is partially correct. Try again. Assuming actual sales are $1,801,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to 0 decimal places, e.g. 20.) (1) Margin of safety (2) Margin of safety ratio Click if you would like to Show Work for this question: Open Show Work 214283 11.90 %Step by Step Solution
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