Homework Answers
| Q10a $299,497 | |
| Dear Student | |
| Thank you for using Chegg | |
| Please find below the answer | |
| Statementshowing Computations | |
| Paticulars | Amount |
| Sales | 478,000.00 |
| Margin of safety | 228,000.00 |
| Break even sales=478,000 - 228,000 | 250,000.00 |
| AT break even sales fixed costs= contribution | |
| Thus contribution at break even sales = Fixed costs = 201,600 | |
| Contribution margin ratio = 201,600/250,000 | 80.64% |
| New Sales = 478,000*1.30 | 621,400.00 |
| Contribution = 621,400*80.64% | 501,096.96 |
| Fixed costs | 201,600.00 |
| NOI = 501,096.96 - 201,600 | 299,496.96 |
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