Reference no: EM132528038
Moorcroft Company plans to sell 3,000 candy bars with the following information:
Financial Information
Selling price per candy bar......................................................................... $1.00
Variable cost of goods sold per candy bar............................................... $ .40
Fixed manufacturing cost per year............................................................. $12,000
Variable cost of goods sold per candy bar.................................................... $ .30
Variable selling and administrative expense per candy bar...................... $ .05
Fixed selling and administrative expense.................................................. $ 4,000
Instructions: Using Excel, prepare the following
Question 1: CVP formatted income statement
Question 2: Break even point in units
Question 3: Break even point in dollars
Question 4: Margin of safety in dollars
Question 5: Margin of safety ratio
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