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Lauder Company Had Fixed Costs of $282,500,variable Costs of $645,000,and

Question 134

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Lauder Company had fixed costs of $282,500,variable costs of $645,000,and actual sales amounted to $1,100,000.If the company has a break-even point at $750,000 in sales revenue,determine (a)the margin of safety expressed in dollars,(b)the margin of safety expressed as a percentage of sales,(c)the contribution margin ratio,and (d)the operating income.

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(a)Margin of safety (dollars)= $1,100,00...

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