The following is Buffay Corporation's contribution format income statement for last month: Sales $12,000,000 1,800,000...
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The following is Buffay Corporation's contribution format income statement for last month: Sales $12,000,000 1,800,000 Less: variable expenses Contribution margin Less: fixed expenses Operating income 1,400,000 1,280,000 $1,220,000 Buffay Corp. has no beginning or ending inventories. A total of 90,000 units were produced and sold last month a) What is the company's break-even in units? b) How many units would the company have to sell to attain target operating profits of $850,000? c) What is the company's margin of safety in dollars?
The following is Buffay Corporation's contribution format income statement for last month: Buffay Corp. has no beginning or ending inventories. A total of 90,000 units were produced and sold last month a) What is the company's break-even in units? b) How many units would the company have to sell to attain target operating profits of $850,000 ? c) What is the company's margin of safety in dollars
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