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Determine the break-even sales units and sales dollars

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Question - Sheridan Co. estimates that variable costs will be 70% of sales and fixed costs will total $2,214,000. The selling price of the product is $10.00, and 780,000 units will be sold.

(a) Using the mathematical equation, determine the break-even sales units and sales dollars.

(b) Compute the margin of safety in dollars and as a ratio.

Reference no: EM133173283

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