The following information relates to the only product sold by Harper Company:
- Sales price per unit $ 24
- Variable cost per unit 18
- Fixed costs per year 253,000
a. Compute the contribution margin ratio and the dollar sales volume required to break even. (Omit the "$" sign in your response)
Break-even sales volume $
b. Assuming that the company sells 75,000 units during the current year, compute the margin of safety sales volume (dollars). (Omit the "$" sign in your response)