A company makes calculators that sell for $20 each. For the coming year, management expects...
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Accounting
A company makes calculators that sell for $20 each. For the coming year, management expects fixed costs to total $220,000 and variable costs to be $9 per unit. Compute:
break-even point in units using the mathematical equation.
break-even point in dollars using the contribution margin (CM) ratio.
the margin of safety percentage assuming actual sales are $500,000.
the sales required in dollars to earn net income of $165,000.
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