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Compute the margin of safety ratio assuming actual sales

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Question - Presto Company makes radios that sell for $26 each. For the coming year, management expects fixed costs to total $228,000 and variable costs to be $16.64 per unit.

Compute the break-even point in dollars using the contribution margin (CM) ratio.

Compute the margin of safety ratio assuming actual sales are $811,000.

Compute the sales dollars required to earn net income of $69,648.

Reference no: EM131898487

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