Increase the company margin of safety ration


Problem:

Dumar Corporation recorded sales of $2,235,245. The company's breakeven sales point in dollars is $1,650,000 and its margin of safety ratio at the current sales level is 27%.

Required:

Question: What total sales are needed to increase the company's margin of safety ration to 38%?

Note: Provide support for your rationale.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Increase the company margin of safety ration
Reference No:- TGS0881762

Expected delivery within 24 Hours