Calculate the margin of safety for the coming August assuming estimated sales of 175 units.
Assignment Question High-Low, Break-Even Lancer Audio produces a high-end AV receiver that sells for $1,300. Total operating expenses for the past 12 months are as follows: 1. Use the high-low method to estimate fixed and variable costs. 2. Based on these estimates, calculate the break-even level of sales in units. (Round to the nearest whole … Read more