Fast solve plz Company X has a margin of safety percentage of 20% based on its actual sales. The break-even point is $600,000 and the variableexpenses are 60% of sales. Given this information, the actual profit is:a. 55,000O b. None of the given answersO c. 50,000O d. 41,500O e. 60,000

The profit/volume ratio is computed by dividing the contribution by the sales and multiplying the…

Answered: expenses are 60% of sales. Given this…

expenses are 60% of sales. Given this information, the actual profit is: O a. 55,000 O b. None of the given answers Oc. 50,000 O d. 41,500 а. e. 60,000

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 7BE: Margin of safety Jorgensen Company has sales of 380,000,000, and the break-even point in sales...

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Fast solve plz

Company X has a margin of safety percentage of 20% based on its actual sales. The break-even point is $600,000 and the variable
expenses are 60% of sales. Given this information, the actual profit is:
a. 55,000
O b. None of the given answers
O c. 50,000
O d. 41,500
O e. 60,000

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