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Keller Company estimates that variable costs will be 60% of sales and fixed costs will total $1,920,000. The selling price of the product is $10, and 600,000 units will be sold.
Instructions
(a) Compute the break-even point in units and dollars
(b) Compute the margin of safety in dollars and as a ratio.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9975668

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