Question: compute the break even point in a) unit and b) dollar compute the margin of safety in c)dollar and d)percent Assignment No. (1) Exercise (01):
Assignment No. (1) Exercise (01): Bristol Company's contribution margin income statement is presented below. Sales for the current period consisted of 7,500 units. Compute the company's break-even point in (a) units, and (b) dollars. Compute the margin of safety in (c) dollars and (d) percent. Bristol Company Contribution Margin Income Statement Sales $225,000 Variable costs 135.000 Contribution margin 90.000 Fixed costs 48.000 Net income $42.000
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