Current Attempt in Progress Sheridan Company estimates that variable costs will be 65.00% of sales, and fixed costs will total $560,000. The selling price of the product is $4. Compute the break-even point in (1) units and (2) dollars. (1) Break-even sales (2) Break-even sales $ 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 units $ %

Sheridan Company estimates that variable costs will be 65.00% of sales, and fixed costs will total $560,000, The selling price of the product is $4. Compute the break-even point in (1) units and (2) dollars. (1) Break-evensales units (2) Break-evensales 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 safetyratio