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Do It! Review 18-5 (Part Level Submission) Presto Company makes radios that sell for $25...

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Do It! Review 18-5 (Part Level Submission) Presto Company makes radios that sell for $25 each. For the coming year, management expects fixed costs to total $256,400 and variable costs to be $13.75 per unit. (a) Your answer is correct. Compute the break-even point in dollars using the contribution margin (CM) ratio. (Round answer to o decimal places, e.g. 1,225.) Break-even point 569778 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT x Your answer is incorrect. Try again. Compute the margin of safety ratio assuming actual sales are $828,000. (Round margin of safety ratio to 2 decimal places, e.g. 10.50.) Margin of safety 1 10.83 % Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT x Your answer is incorrect. Try again. Compute the sales dollars required to earn net income of $104,725. Required sales |3266372.75 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT

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