Grissom company estimates that variable costs will be 60 of

Reference no: EM13600267

Grissom Company estimates that variable costs will be 60% of sales, and fixed costs will total $812,700. The selling price of the product is $7.Compute the break-even point in (1) units and (2) dollars.

Breakeven sales in units units
Breakeven sales in dollars $

Compute the margin of safety in (1) dollars and (2) as a ratio, assuming actual sales are $2.70 million. (Round answers to 0 decimal places, e.g. 205,000.)

Margin of safety in dollars $
Margin of safety ratio %

Reference no: EM13600267

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Grissom company estimates that variable costs will be 60 of

Reference no: EM13600267

Reference no: EM13600267

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