Break-even point and margin of safety

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Reference no: EM13146123

In the middle of the year, the price of Lake Corporation's major raw material increased by 8%. How would this increase affect the company's break-even point and margin of safety?

Reference no: EM13146123

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Break-even point and margin of safety : In the middle of the year, the price of Lake Corporation's major raw material increased by 8%. How would this increase affect the company's break-even point and margin of safety?

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