Question: Crane, Inc. makes computer bags that sell for $20 each. For the coming year, management expects fixed costs to be $227,010. Variable costs are
Crane, Inc. makes computer bags that sell for $20 each. For the coming year, management expects fixed costs to be $227,010. Variable costs are $14 per unit. Compute break-even sales in dollars using the mathematical equation. Break-even sales $ eTextbook and Media Compute break-even sales using the contribution margin ratio. Break-even sales $ eTextbook and Media Compute margin of safety ratio assuming actual sales are $939,500. (Round answer to O decimal places, e.g. 20%) Margin of Safety Ratio % eTextbook and Media Compute the sales required to earn a net income of $152,000, using the mathematical equation. (Round answer to O decimal places, e.g. 5,275.) Required sales $
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