CALCULA Exercise 193 Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $540,000. The contribution margin ratio is 30%. Compute the margin of safety in dollars and the margin of safety ratio. Margin of safety in dollars 24 % Margin of safety ratio Click if you would like to Show Work for this question: Open Show Work

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter3: Cost Behavior
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Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...
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Managerial Accounting, 8e
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CALCULATOR
Exercise 193
Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $540,000. The contribution margin ratio is 30%.
Compute the margin of safety in dollars and the margin of safety ratio.
Margin of safety in dollars
%
Margin of safety ratio
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Transcribed Image Text:Juppose m.. منظومة العمل عن. . . Return to Blackboard Managerial Accounting, 8e Help | System Announcements CALCULATOR Exercise 193 Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $540,000. The contribution margin ratio is 30%. Compute the margin of safety in dollars and the margin of safety ratio. Margin of safety in dollars % Margin of safety ratio Click if you would like to Show Work for this question: Open Show Work SAVE FOR LA Question Attempts: 0 of 1 used
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