Question
A company needs to sell 15,000 units of its only product in order to break even. Fixed costs are $180,000, and the per unit selling
A company needs to sell 15,000 units of its only product in order to break even. Fixed costs are $180,000, and the per unit selling price and variable costs are $24 and $11, respectively. If total sales are $270,000, the companys margin of safety will be equal to:
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Cost Accounting
Authors: James A. Cashin, Ralph S. Polimeni, Sheila Handy
3rd Edition
0070110263, 9780070110267
