The following information describes a product to be produced and sold by ABC Corp:
Selling price : $60 per unit
Variable costs : $22 per unit
Total fixed costs: $630,000
1- what dollar amount of sales would be necessary to achieve a profit of $150,000?
2- how many units would be necessary to achieve the $150,000 profit?
3-using the $150,000 profit, calculate/determine the margin of safety.