Homework Answers
c) 37,500
Working:
| Total sale is sum of break even sales and Margin of safety sales. | |||||||||
| So, | |||||||||
| Break even sales | = | Total Sales - Margin of safety | |||||||
| = | 100%-20% | ||||||||
| = | 80% | ||||||||
| Total Sales | = | Break even sales/ Break even percentage | |||||||
| = | $ 2,10,000 | / | 80% | ||||||
| = | $ 2,62,500 | ||||||||
| Units sold last year | = | Last Year sales /Sales per unit | |||||||
| = | $ 2,62,500 | / | $ 7 | ||||||
| = | 37,500 | ||||||||
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