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Income Statement Projected Income Statement Sales Revenue $2,500,000 Variable Costs Purchases $750,000 0.3 Direct labor...

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Accounting

Income Statement Projected Income Statement Sales Revenue $2,500,000 Variable Costs Purchases $750,000 0.3 Direct labor $600,000 0.24 $1,350,000 $1,150,000 Fixed Costs Selling $500,000 Administrative $485,000 Manufacturing Overhead $150,000 $1,135,000 Profit Dollars Percentage Calculate the Contribution Margin Calculate the Gross Margin Ratio Calculate Breakeven Sales Calculate Margin of Safety based on the 5% expected sales increase.

Income Statement Projected Income Statement
Sales Revenue $2,500,000
Variable Costs
Purchases $750,000 0.3
Direct labor $600,000 0.24 $1,350,000
$1,150,000
Fixed Costs
Selling $500,000
Administrative $485,000
Manufacturing Overhead $150,000 $1,135,000
Profit
Dollars Percentage
Calculate the Contribution Margin
Calculate the Gross Margin Ratio
Calculate Breakeven Sales
Calculate Margin of Safety based on the 5% expected sales increase.

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