1. Company B reports the following: Sale $95,000 cost of goods sold Variable Costs $35,000 Fixed Costs...

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1. Company B reports the following:

Sale $95,000

cost of goods sold

Variable Costs $35,000

Fixed Costs $18,000

Sales and Management Expenses

Variable Costs $24,000

Fixed Costs $2,500

Net Income $15,500

What is Company B's breakeven point in sales dollars?

What is Company B's margin of safety in dollars?

2. In 2018, Rain Company sold 3,400 units at $675 each. Variable costs were $380 per unit and fixed expenses were $280,000. The same selling price, variable expenses and fixed expenses are expected for 2017.

What is the breakeven point in Rain Company's 2019 dollar sales?

Related Book For answer-question

Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Jul 14, 2023 03:31 AM

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1. Company B reports the following: Sale $95,000 cost of goods sold Variable Costs $35,000 Fixed Costs...

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