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Your answer is correct. Compute the margin of safety ratio assuming actual sales are $740,000. (Round margin of safety ratio to 2 decimal e.g. 10.50.)
Your answer is correct. Compute the margin of safety ratio assuming actual sales are $740,000. (Round margin of safety ratio to 2 decimal e.g. 10.50.) Margin of safety 26.75 % e Textbook and Media Attempts: 1 of 2 us (c) Compute the sales dollars required to earn net income of $107,590. Required sales $ Save for Later Attempts: 0 of 2 used Submit Answer STOW Attempt story Current Attempt in Progress Sandhill Company makes radios that sell for $30 each. For the coming year, management expects fixed costs to total $108,410 and variable costs to be $24 per unit. (a) Your answer is correct. Compute the break-even point in dollars using the contribution margin (CM) ratio. Break-even point 542050 eTextbook and Media Attempts: 1 of 2 used (b) Your answer is correct. Your answer is correct. Compute the margin of safety ratio assuming actual sales are $740,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety 26.75 % e Textbook and Media Attempts: 1 of 2 used (c) Compute the sales dollars required to earn net income of $ 107,590. Required sales $ Save for Later Attempts: 0 of 2 used Submit An
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