Question: Glacial Company estimates that variable costs will be 67.8 % of sales, and fixed costs will total $ 705,000 . The selling price of the
Glacial Company estimates that variable costs will be 67.8 % of sales, and fixed costs will total $ 705,000 . The selling price of the product is $ 4.20 .
Compute the break-even point in (1) units and (2) dollars.
Compute the margin of safety in (1) dollars and (2) as a ratio, assuming actual sales of $2,000,000.
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