Question
19) The Tree Shoppe reported the following information: Budgeted revenues $10,000 Breakeven revenues 4,000 Budgeted sales (in units) 35 Breakeven sales (in units) 15 Required:
19) The Tree Shoppe reported the following information:
Budgeted revenues $10,000
Breakeven revenues 4,000
Budgeted sales (in units) 35
Breakeven sales (in units) 15
Required: Compute the margin of safety percentage at the Tree Shoppe.
A. 40%
B. 50%
C. 20%
D. 30%
E. 60%
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Advanced Financial Accounting An International Approach
Authors: Jagdish Kothari, Elisabetta Barone
1st Edition
0273712748, 978-0273712749
