Question

a. If Glendive Company, with a break-even point at $792,000 of sales, has actual sales of $1,200,000, what is the margin of safety expressed
(1) In dollars and
(2) As a percentage of sales?
b. If the margin of safety for Spearfish Company was 30%, fixed costs were $1,750,000 and variable costs were 80% of sales, what was the amount of actual sales (dollars)?



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  • CreatedFebruary 04, 2014
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