Question: ( 1 ) How is the break - even point defined, and which methods can be used to calculate the level of sales in units

(1) How is the break-even point defined, and which methods can be used to calculate the level of sales in units or dollars? (LO 5-5)
(2) What is the purpose of target profit analysis, and which methods can be used to calculate sales level in units or dollars? (LO 5-6)
(3) How is the margin of safety defined, and how is it calculated in dollars and as a percentage? (LO 5-7)

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