Question
XYZ Corporation has a margin of safety percentage of 20% based on its actual sales. The break-even point is $340,000 and the variable expenses are
XYZ Corporation has a margin of safety percentage of 20% based on its actual sales. The break-even point is $340,000 and the variable expenses are 45% of sales. Given this information, the actual profit is?
Last year XYZ Corporation reported sales of $920,000, a contribution margin ratio of 40% and a net loss of $44,000. Based on this information, the break-even point was?
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