Exercise 5-16

Glacial Company estimates that variable costs will be 51.8% of sales, and fixed costs will total $693,000. The selling price of the product is $4.50.

Exercise 5-16 Glacial Company estimates that variable costs will be 51.8% of sales, and fixed costs will total $693,000. The selling price of the product is $4.50. Your answer is incorrect. Try again. Compute the break-even point in (1) units and (2) dollars. (Round intermediate calculation to 3 decimal places, eg. 0.527 (52.7%) and final answers to O decimal places, e.g. 5,275.) (1) Break-even sales 19502.021 units (2) Break-even sales 14377.595 Your answer is incorrect. Try again. Assuming actual sales are $2,459,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to 0 decimal places, e.g 20.) (1) Margin of safety 2444622 (2) Margin of safety ratio 99 1196 Click if you would like to Show Work for this question: Open Show Work