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Akron Corporation had a margin of safety of $552,000 last month, with sales revenue of...

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Question

Accounting

Akron Corporation had a margin of safety of $552,000 last month, with sales revenue of $1,840,000 and fixed costs of $193,200.
Required:
a. What are break-even sales?
b. What is the contribution margin ratio?
c. How much profit did Akron eam last month?
d. How much would sales have to be for Akron to earn a profit of $552,000?
Complete this question by entering your answers in the tabs below.
Required A
Required B
Required C
Required D
What are break-even sales?
Break-Even Sale
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