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QUESTION
Glacial Company estimates that variable costs will be58.8% of sales, and fixed costs will total $677,000. The selling price of the product is $5.
Glacial Company estimates that variable costs will be 58.8% of sales, and fixed costs will total $677,000. The selling price of the product is $5.10.
Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, e.g. 5,275.)
(1)Break-even sales _____ ?units
break-even sales $_______?
(Round ratio to 0 decimal places, e.g. 20.)
(1)Margin of safety$ ___________?
(2)Margin of safety ratio ____________?
