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Business, 16.04.2020 23:55, lovemusic4
A company with a break-even point at $900,000 in sales revenue had fixed costs of $225,000. When actual sales were $1,000,000, variable costs were $750,000. Determine the following: a. Margin of safety expressed in dollars $ b. Margin of safety expressed as a percentage of sales % c. Contribution margin ratio % d. Operating income
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Answers: 3
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A company with a break-even point at $900,000 in sales revenue had fixed costs of $225,000. When act...
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