Question: Is my answer correct? ) Determine the inn's break-even point in dollars. 30 31 32 Total fixed costs Contribution r Break Even Point (Dollars) 33,600

Is my answer correct?  Is my answer correct? ) Determine the inn's break-even point in

) Determine the inn's break-even point in dollars. 30 31 32 Total fixed costs Contribution r Break Even Point (Dollars) 33,600 S84 83 Or. 34 Contribution margin ratio = 35% 35 Using the contribution margin ratio 84.00 35% 37 38 39 If actual sales is S$126,000 $125.00 525 SO Margin of Safety- Budget Sales-Break Even Sales/Budget of Sales 3,600/ (240-156)-400 126,000/ 240 = 525 525-400) 125/525-0.23 42 43

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!