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with explanations please Do It! Review 18-5 Presto Company makes radios that sell for $28 each. For the coming year, management expects fixed costs to
with explanations please
Do It! Review 18-5 Presto Company makes radios that sell for $28 each. For the coming year, management expects fixed costs to total $197,800 and variable costs to be $18.76 per unit. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to 0 decimal places, e.g. 1,225.) Break-even point LINK TO TEXT Compute the margin of safety ratio assuming actual sales are $859,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety % LINK TO TEXT Compute the sales dollars required to earn net income of $121,904 Required sales Open Show Work Click if you would like to Show Work for thisStep by Step Solution
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