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Zhao Co. has fixed costs of $366,000. Its single product sells for $177 per unit, and variable costs are $117 per unit. If the company
Zhao Co. has fixed costs of $366,000. Its single product sells for $177 per unit, and variable costs are $117 per unit. If the company expects sales of 10,000 units, compute its margin of safety in dollars and as a percent of expected sales. Dollars Percent Margin of safety A recent income statement for BMW reports the following (in millions). Assume 75 percent of the cost of sales and 75 percent of the selling and administrative costs are variable costs, and the remaining 25 percent of each is fixed. Automotive Group Sales Coat of sales Selling and administrative expenses 692,175 74.063 8.633 Compute the contribution margin in millions). (Enter answers in millions of Euros. Do not round your intermediate calculations. Round your final answer to 2 decimal places.) BMW Automotive Group Contribution Margin Statement in millions) Variable costs
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