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Brunswick Manufacturing Incs most recent income statement is presented below Sales 450000 Cost of goods sold 200000 Gross margin 250000 Other operating expenses 196000 Operating income

Brunswick Manufacturing Inc.’s most recent income statement is presented below: 
 Sales                                                 $450,000
Cost of goods sold                             200,000
Gross margin                                     250,000
Other operating expenses                  196,000
Operating income                                 $54,000 
Brunswick Manufacturing Inc. has determined that $50,000 of cost of goods sold and $166,000 of operating expenses is fixed.
Required:
a. Compute the contribution margin.
b. Compute the contribution-margin percentage.
c. Compute the break-even volume in sales dollars.
d. Compute the current margin of safety.

Jun 10 2021 View more View Less

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