Smart Co. estimates that variable costs will be 60% of sales and fixed costs $ 800000. The selling price of the product is 40. Required:
a) Prepare a CVP graph, assuming maximum sales of $ 2800000
b) Compute BEP in units and amount of sales
c) Compute margin of safety in amount and percentage ( assume actual sales are $ 2500000)
d) Prepare a contribution format income statement assuming actual sales are $ 300000

Given the system of equations presented here: 2x + 4y = 14 4x + y = 20 which of the following actions creates an equivalent system such that, when combined with the other equation, one of the variables is eliminated? multiply the second equation by â’4 to get â’16x â’ 4y = â’80 multiply the second equation by â’1 to get â’4x â’ y = â’20 multiply the first equation by 2 to get 4x + 8y = 28 multiply the first equation by â’1 to get â’2x â’ 4y = â’14