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Compute the margin of safety in dollars and as a ratio

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Reference no: EM132542104

How to enter the data below in excel in creating a CVP graph with break even points.

Question (a) Glacial Company estimates that variable costs will be 62.5% of sales, and fixed costs will total $600,000. The selling price of the product is $4.

Question (b) Compute the break-even point in (1) unitits and (2) dollars.

Question (c) Assuming actual sales are $2 million, compute the margin of safety in (1) dollars and (2) as a ratio. Please provide data input and formula used in creating the CVP graph

Reference no: EM132542104

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