Question: Exercise 22-16 a,c Crane Company estimates that variable costs will be 55.00% of sales, and fixed costs will total $702,000. The selling price of the
Exercise 22-16 a,c Crane Company estimates that variable costs will be 55.00% of sales, and fixed costs will total $702,000. 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 units s Assuming actual sales are $2,000,000, compute the margin of safety in (1) dollars and (2) as a ratid. (1) Margin of safety (2) Margin of safety ratio
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