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How much profit did akron earn last month

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Reference no: EM132598660

Akron Corp had a margin of safety of $500,000 last month, with sales revenue of $1,250,000 and fixed costs of $150,000.

Question a. What are break-even sales?

Question b. What is the contribution margin ratio?

Question c. How much profit did Akron earn last month?

Question d. How much would sales have to be for Akron to earn profit of 500,000?

Reference no: EM132598660

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