Question
Margin of safety - 20%
Fixed costs - $900,000
Contribution margin - 25%
Break-even - 12,000 units
Calculate actual total sales revenue.
I have been trying this question out in many different ways however I still cannot solve it. Could someone show me the formulas and steps I should be using>
Fixed costs - $900,000
Contribution margin - 25%
Break-even - 12,000 units
Calculate actual total sales revenue.
I have been trying this question out in many different ways however I still cannot solve it. Could someone show me the formulas and steps I should be using>