Compute the break even point in dollars

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Quiltworks company reported actual sales of $2,000,000, and fixed costs of $450,000. The contribution margin ratio is 30%.

(a) compute the break even point in dollars

(b) compute the margin of safety in dollars and the margin of safety ratio

Reference no: EM13159586

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Compute the break even point in dollars : Quiltworks company reported actual sales of $2,000,000, and fixed costs of $450,000. The contribution margin ratio is 30%. (a) compute the break even point in dollars

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