Required information [The following information applies to the questions displayed below.] Walton Company makes and...
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Required information [The following information applies to the questions displayed below.] Walton Company makes and sells products with variable costs of $24 each. Walton incurs annual fixed costs of $529,200. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. Required g. Assume that Walton concludes that it can sell 10,000 units of product for $80 each. Recall that variable costs are $30 each and fixed costs are $327,600. Compute the margin of safety in units and dollars and as a percentage. Note: Do not round intermediate calculations. Round your answers to the nearest whole number. Round your percentage answer to nearest whole percentage For example, 0.1234 should be entered as 12%
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