A Firm Provides the Following Sales Data Required:
(A) Calculate the Break-Even Point in Dollar Sales

Essay

A firm provides the following sales data:
$\begin{array} { l r r r } \text { Expected unit sales.. } & 5,000 & \text { Unit variable cost..... } & \$ 10 \\\text { Unit selling price... } & \$ 16 & \text { Total fixed cost....... } & \$ 12,000\end{array}$
Required:
(a) Calculate the break-even point in dollar sales.
(b) Calculate the margin of safety in dollar sales.