Sookie corp had a margin of safety of 500000 last month


Question - Sookie Corp had a margin of safety of $500,000 last month, with sales revenue of $1,250,000 and fixed costs of $150,000. What is Sookie's break-even sales? What is the contribution margin ratio?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Sookie corp had a margin of safety of 500000 last month
Reference No:- TGS02723528

Now Priced at $20 (50% Discount)

Recommended (96%)

Rated (4.8/5)