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A. If steele company, with a break even point at $378,000 of sales, has actual sales of $540,000, what is the margin of safety expessed in dollars and in percentage of sales?

B.If the margin of safetyfor Kramer Company was 20%, fixed costs were $900,000, and variable costs were 70% of sales, what was the amount of actual sales (dollars)?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9986183

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