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Business, 01.06.2021 15:30 itsbrizee

Margin of Safety a. If Canace Company, with a break-even point at $285,600 of sales, has actual sales of $510,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $fill in the blank 1 2. fill in the blank 2% b. If the margin of safety for Canace Company was 25%, fixed costs were $1,055,625, and variable costs were 75% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.) $fill in the blank 3

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Margin of Safety a. If Canace Company, with a break-even point at $285,600 of sales, has actual sale...
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