Question: NL DUN. Return to course E Business Course Question 12 Not yet answered Marked out of 4,00 P Ration Contribution Margin Concepts The following information

NL DUN. Return to course E Business Course Question 12 Not yet answered Marked out of 4,00 P Ration Contribution Margin Concepts The following information is taken from the 2017 records of Hendrix's Guitar Center Fixed Variable Total Sales 51.125.000 Costs Goods sold 50650 Labor 5240,000 90.000 Supplies 1.000 7.500 Utilities TIL000 1500 Rent 36.000 Advertising 9.000 36.790 Miscellaneous 90.000 15.000 Total costs 5315.000 5675.000 (990.00 Niet income Required a) Determine the annual break even dollar sales volume Contribution margin ratio Annual break-even dollar sales volumes (b) Determine the current margin of safety in dollars. (c) What is the annual break even dollar sales volume of management makes a decision that increases fixed costs by $40,0002

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