Question: Accounting problem, does anyone know the answer? Presto Company makes radios that sell for $26 each. For the coming year, management expects fixed costs to

Accounting problem, does anyone know the answer?

Accounting problem, does anyone know the answer? Presto Company makes radios that

Presto Company makes radios that sell for $26 each. For the coming year, management expects fixed costs to total $200, 830 and variable costs to be $16.90 per unit, Compute the break-even point in dollars using the contribution margin (CM) ratio. Compute the margin of safety ratio assuming actual sales are $789, 271. (Round margin of safety ratio to 2 decimal places, e.g. 10.50%.) Margin of safety Compute the sales dollars required to earn net income of $88, 550

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