Question: ivanhoe company estimates that variable costs will be 5 5 % of sales, and fixed costs will total 5 4 0 0 0 0 .

ivanhoe company estimates that variable costs will be 55% of sales, and fixed costs will total 540000. The unit selling price of the product is 8
compute the break-even point in (1) sales units and (2) sales dollars
assuming actual sales are 2 million, compute the margin of safety (1) in dollars and (2) as a ratio

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