Question
9. Pinpoint Co. is considering the production and sale of a new product with the following data: -unit sales price, $300 -unit variable costs, $180
9. Pinpoint Co. is considering the production and sale of a new product with the following data:
-unit sales price, $300
-unit variable costs, $180
-total fixed costs, $270,000
-projected sales, $900,000.
What is the margin of safety?
a.In dollar sales
b. As a percent of sales
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Accounting And Reporting A Global Perspective
Authors: Herve Stolowy, Yuan Ding, Luc Paugam
6th Edition
147376730X, 9781473767300
