Question: Moving to another question will save this response. Question 4 of 5 Question 4 10 points Save Answe Please note your answer needs to only

 Moving to another question will save this response. Question 4 of

Moving to another question will save this response. Question 4 of 5 Question 4 10 points Save Answe Please note your answer needs to only include the numbers, i.e no $ sign or decimal point or a period should be used in the answer. Also the answer may need to be rounded to the next whole number. For example, if you get an answer of $1234.5, YOU WILL PUT DOWN 1235 IN YOUR ANSWER Natural company sells an industrial cleaning product that sell for $180 for a case containing 12 one gallon jugs of the product. The company expects to sell 7000 cases of the product in the current year. The company has determined that its CM ratio is 30% and its fixed expenses are $270000 Required: 1. What are the variable expenses per case? 2 What is the break-even point in units? 3. What amount of dollar sales is required to attain a target profit of $90000? 4. At the expected level of sales of 7000 units, what is the margin of safety in units? A Moving to another sein will

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 Finance Questions!