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Compute (1) the contribution margin for the current year and the projected year and (2) the fixed costs for the current year. (Assume that fixed costs will remain

the same in the projected year.) (Round answers to 0 decimal places e.g. 125.)

Contribution margin-Current year $

Contribution margin-Projected year $

Fixed costs-Current year& projected year $

Compute the break-even point in units and sales dollars for the current year. (Round calculations for unit costs to 2 decimal places e.g. 2.25. Round final

answers to 0 decimal places e.g. 125.)

Breakeven point (units) units

Breakeven point (dollars) $ The company has a target net income of $308000. What is the required sales in dollars for the company to meet its target? (Round answer to 0 decimal places e.g.

125.)

$ If the company meets its target net income number by what percentage could its sales fall before it is operating at a loss? That is what is its margin of safety

ratio? (Round answer to 1 decimal place e.g. 10.5.)

%