Question
A company sells calculators for $117. Variable costs associated with this product are $40 per unit and fixed costs associated with this product are $59,000.
A company sells calculators for $117. Variable costs associated with this product are $40 per unit and fixed costs associated with this product are $59,000. Total sales in the year just ended were 3,000 units.
What is the margin of safety?
Select one:
a. 2734 units
b. 2234 units
c. 2496 units
d. 1525 units
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University Auditing In The Digital Era Challenges And Lessons For Higher Education Professionals And CAEs
Authors: Sezer Bozkus Kahyaoglu; Erman Coskun
1st Edition
0367553228, 9780367553227
