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

question 92

Essay

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.