Reference no: EM13503546

Problem:

Glacial Company estimates that variable costs will be60% of sales, and fixed costs will total $926,000. The selling price of the product is $5.
Compute the break-even point in (1) units and (2) dollars.

(1) Break-even sales units

(2) Break-even sales $

Compute the margin of safety in (1) dollars and (2) as a ratio, assuming actual sales are $2,930,380.(Round ratio to 0 decimal places, e.g. 20%.)

(1) Margin of safety $
(2) Margin of safety ratio %