Question: Exercise 22-16 a,c Oriole Company estimates that variable costs will be 60.00% of sales, and fixed costs wil total $600,000. The selling price of the
Exercise 22-16 a,c Oriole Company estimates that variable costs will be 60.00% of sales, and fixed costs wil" total $600,000. 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 s units Assuming actual sales are $2,000,000, compute the margin of safety in (3) dollars and (2) as a ratio (1) Margin of safety (2) Margin of safety ratio
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
