Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Breakeven sales eTextbook and Media Save for Later (b2) $ What is Pharoah's margin of safety? Margin of safety $

Essentials Of Business Analytics
1st Edition
ISBN:9781285187273
Author:Camm, Jeff.
Publisher:Camm, Jeff.
Chapter11: Monte Carlo Simulation
Section: Chapter Questions
Problem 2P
icon
Related questions
Question
Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.)
Breakeven sales
eTextbook and Media
Save for Later
(b2)
S
What is Pharoah's margin of safety?
Margin of safety
$
Transcribed Image Text:Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Breakeven sales eTextbook and Media Save for Later (b2) S What is Pharoah's margin of safety? Margin of safety $
Pharoah sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows:
Sales revenue
Variable expenses
Contribution margin
Fixed expenses
Operating income
Total
$756,000
264.600
491,400
282,750
$208,650
Per Unit
$54
18.90
$35.10
Transcribed Image Text:Pharoah sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Total $756,000 264.600 491,400 282,750 $208,650 Per Unit $54 18.90 $35.10
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Business Analytics
Essentials Of Business Analytics
Statistics
ISBN:
9781285187273
Author:
Camm, Jeff.
Publisher:
Cengage Learning,