(Answered) Glacial company estimates that variable costs will be 70 of

Accounting

Glacial Company estimates that variable costs will be 70% of sales, and fixed costs will total $711,750. The selling price of the product is $5.

Compute the break-even point in (1) units and (2) dollars.

(1)		Break-even sales			units
(2)		Break-even sales		$

Compute the margin of safety in (1) dollars and (2) as a ratio, assuming actual sales are $3,003,165. (Round ratio to 0 decimal places, e.g. 20%.)

(1)		Margin of safety		$
(2)		Margin of safety ratio			%

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