If the margin of safety for watkins company was 40 fixed


If the margin of safety for Watkins Company was 40%, fixed costs were $1,867,200, and variable costs were 60% of sales, what was the amount of actual sales (dollars)?

(Hint: Determine the break-even in sales dollars first.)

Solution Preview :

Prepared by a verified Expert
Managerial Accounting: If the margin of safety for watkins company was 40 fixed
Reference No:- TGS02488074

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)