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The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation is able to achieve the budgeted level
The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation is able to achieve the budgeted level of sales, its margin of safety in dollars would be (Do not round intermediate calculations.) Sales (62,000 units) Costs: $1,550,000 Direct materials Direct labor Fixed factory overhead Variable factory overhead Fixed marketing costs Variable marketing costs $788,700 241,700 108,500 151,780 111,788 51,78 1,454,888 Pretax income $ 96,00e
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