Presto Company makes radios that sell for $26 each. For the coming year, management expects fixed costs to total $228,000 and variable costs to be $16.64 per unit.Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to 0 decimal places, e.g. 1,225.)Break-even point$Compute the margin of safety ratio assuming actual sales are $811,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.)Margin of safety %Compute the sales dollars required to earn net income of $69,648.Required sales$
RECOMMENDED!!ACCOUNTING 010-Presto Company makes radios that sell
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