Calcu Margin of Safety Chase Company produces and sells strings of colourful indoor/outdoor lights f

Calcu Margin of Safety Chase Company produces and sells strings of colourful indoor/outdoor lights for holiday display to retailers for $11.82 per string. The variable costs per string are as follows: Direct materials Direct labour Variable overhead Variable selling $1.87 1.70 0.57 0.42 Fixed manufacturing cost totals $334,750 per year. Administrative cost (all fixed) totals $398,500. Chase expects to sell 408,250 strings of light next year. Required: Round contribution margin ratio to four decimal places. If required, round your answers to nearest whole value. Use rounded amounts in subsequent requirements. 1. Calculate the break-even point in units. units 2. Calculate the margin of safety in units. units 3. Calculate the margin of safety in dollars.

Needs help with similar assignment?

we are available 24x7 to deliver the best services and ready within 3-4 hours? Order a custom-written, plagiarism-free paper

Meet your deadlines with our essay writing service and let our professional writers take care of it!
Create your project now and start getting help in 2 minutes
Just from $12/Page
Place an Order
Order Over WhatsApp Place an Order Online

"Do you have an upcoming essay or assignment due?


Get any topic done in as little as 6 hours

If yes Order Similar Paper

All of our assignments are originally produced, unique, and free of plagiarism.

Stuck with a Question?

Get it solved from our top experts within 8 hrs!

Get Assignment Writing Help

Our experts are ready to complete your assignment, course work. essay, test, dissertation, research paper, quiz

Get Started
Ask Your Question Now!