Question: give me the answer and calculation process Ch 18-2 Activity Alley Company makes student book bags that sell for $20 each. For the coming year,

give me the answer and calculation process Ch 18-2 Activity Alley

give me the answer and calculation process

Ch 18-2 Activity Alley Company makes student book bags that sell for $20 each. For the coming year, management expects fixed costs to be $240,000. Variable costs are $15 per unit. Instructions (a) Compute break-even sales in dollars using the mathematical equation. (b) Compute break-even sales using the contribution margin ratio. (c) Compute margin of safety ratio assuming actual sales are $1,200,000. (d) Compute the sales required to earn net income of $120,000, using the mathematical equation

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