Escareno Corporation Income Statement Analysis Paper

Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (8,400 units): ($) 764,400 Variable expenses: ($) 445,200 Contribution margin: ($) 319,200 Fixed expenses: ($) 250,900 Net operating income: ($) 68,300 If the company sells 8,200 units, its total contribution margin should be closest to:
Merchandise with a sales price of $500 is sold on account with term 2/10, n/30. The journal entry to record the sale would include a:
Davison Company has fixed costs of $ 315,000 and a contribution margin ratio of 34%. If sales are expected to be $1,500,000, what is the margin of safety percent?"
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