8-9 Brewer Corporation estimated its quarterly break-even sales for 2017 to be 45,800 units, priced...
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Accounting
8-9 Brewer Corporation estimated its quarterly break-even sales for 2017 to be 45,800 units, priced at $38 each. Its actual sales for the year amounted to $7,752,000 and actual quarterly fixed expenses were $618,250.
Required:
- Compute the annual margin of safety in units and dollars.
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