Kenneth's small business can produce up to 1,100 units. He looks at his profit information from...

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Kenneth's small business can produce up to 1,100 units. He looks at his profit information from the past year and notes the following: sales of $7,200, variable cost per unit of $4, fixed costs of $2,525, and operating income of $1,475. What was Kenneth's sales volume last year? Sales volume What is the company's relevant range? Relevant range units to Determine the margin of safety in both units and sales dollars. Margin of safety in units Margin of safety in dollars units units Kenneth's small business can produce up to 1,100 units. He looks at his profit information from the past year and notes the following: sales of $7,200, variable cost per unit of $4, fixed costs of $2,525, and operating income of $1,475. What was Kenneth's sales volume last year? Sales volume What is the company's relevant range? Relevant range units to Determine the margin of safety in both units and sales dollars. Margin of safety in units Margin of safety in dollars units units

Answer rating: 100% (QA)

To determine Kenneths sales volume last year we can use the formula Sales Variable Cost per unit Sal... View the full answer