A.  From the following particulars:   Sales                            $ 120,000 Variable Cost               $  60,000 Fixed Cost                     $ 60,000 ​ Calculate: 4. Break Even Point in $ sales 5. Margin of Safety 6. Profit when sales are $500,000

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 23E
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A.  From the following particulars:

 

Sales                            $ 120,000

Variable Cost               $  60,000

Fixed Cost                     $ 60,000

Calculate:

4. Break Even Point in $ sales
5. Margin of Safety
6. Profit when sales are $500,000
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