Question: can you explain the steps? Problem 5 (5 points): Henning Co. estimates that variable costs will be 70% of sales and fixed costs will total
can you explain the steps? Problem 5 (5 points): Henning Co. estimates that variable costs will be 70% of sales and fixed costs will total $2.160,000. The selling price of the product is $10, and 750,000 units will be sold Instructions (a) Compute the break-even point in units and dollars (b) Compute the margin of safety in dollars and as a ratio. (c) Compute net income (d) Prepare a CVP graph. (Use increments of 200,000 on the horizontal axis and 1,800,000 on the vertical axis) Breuken. Bointiin mit... 216 ..Break Cum Pont.in.dol..... 256 GOU 7.2016 72.00 16 margin... Sofaty.in. i dilexe 7.5ean........ 3eoete ..main.. safety robienie .6.0.4.2. 2 sincerca. Sh................... 1. Sowat..... 5.25...2.25.........26RS...9 32 (0, 60 9ers 5
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