a. If Kirwan Company, with a break-even point at $2,080,000 of sales, has actual sales of $3,200,000,

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a. If Kirwan Company, with a break-even point at $2,080,000 of sales, has actual sales of $3,200,000, what is the margin of safety expressed

1. fill in the blank 1 of 2$

2. fill in the blank 2 of 2%

b. If the margin of safety for Kirwan Company was 25%, fixed costs were $1,500,000, and variable costs were 60% of sales, what was the amount of actual sales (dollars)?

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Financial And Managerial Accounting

ISBN: 9780357714041

16th Edition

Authors: Carl S. Warren, Jefferson P. Jones, William Tayler

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