A company had a margin of safety of $381,000 last month, with sales revenue of $1,270,000...

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A company had a margin of safety of $381,000 last month, with sales revenue of $1,270,000 and fixed costs of $222,250. Required: a. What are break-even sales? b. What is the contribution margin ratio? c. How much profit did the company earn last month? d. How much would sales have to be for the company to earn a profit of $381,000? Complete this question by entering your answers in the tabs below. Required A Required B What are break-even sales? Break-Even Sales Required C Required D Required A Required B Required C What is the contribution margin ratio? Contribution Margin Ratio Required D % Required A Required B Required C Required D How much profit did Akron earn last month? Profit Earned Required A Required B Required C Required D How much would sales have to be for Akron to earn a profit of $381,000? Total Required Sales A company had a margin of safety of $381,000 last month, with sales revenue of $1,270,000 and fixed costs of $222,250. Required: a. What are break-even sales? b. What is the contribution margin ratio? c. How much profit did the company earn last month? d. How much would sales have to be for the company to earn a profit of $381,000? Complete this question by entering your answers in the tabs below. Required A Required B What are break-even sales? Break-Even Sales Required C Required D Required A Required B Required C What is the contribution margin ratio? Contribution Margin Ratio Required D % Required A Required B Required C Required D How much profit did Akron earn last month? Profit Earned Required A Required B Required C Required D How much would sales have to be for Akron to earn a profit of $381,000? Total Required Sales

Answer rating: 100% (QA)

Part a Sales revenue 1270000 Less Margin of safety 381000 Breakeven sales 889000 Pa... View the full answer