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Calculate the break-even point in dollars

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Question - Queensland Company makes radios that sell for $60 each. For the coming year, management expects fixed costs to total $121,440 and variable costs to be $48.00 per unit.

Q1. Calculate the break-even point in dollars using the contribution margin ratio.

Q2. Calculate the margin of safety ratio assuming actual sales are $759,000.

Q3. Calculate the sales dollars required to earn operating income of $120,000.

Reference no: EM132714256

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