Question: Crane Company estimates that variable costs will be 6 0 . 0 0 % of sales, and fixed costs will total $ 5 2 8

 Crane Company estimates that variable costs will be 60.00% of sales,

Crane Company estimates that variable costs will be 60.00% of sales, and fixed costs will total $528,000. The selling price of the product is $6.
(a)
Your answer is correct.
Compute the break-even point in (1) units and (2) dollars.
(1) Break-even sales units
(2) Break-even sales $
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(c)
Your answer is incorrect.
(c)
Your answer is incorrect.
Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio.
(1) Margin of safety
$
(2) Margin of safety ratio %
eTextbook and Media
Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratio.
(1) Margin of safety
$
(2) Margin of safety ratio
%
eTextbook and Media
and fixed costs will total $528,000. The selling price of the product

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