Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A manufacturer of premium wire strippers has supplied the following data: Units produced and sold 580,000 Sales revenue $ 4,176,000 Variable manufacturing expense $ 2,871,000

A manufacturer of premium wire strippers has supplied the following data:

Units produced and sold

580,000

Sales revenue

$

4,176,000

Variable manufacturing expense

$

2,871,000

Fixed manufacturing expense

$

778,000

Variable selling and administrative expense

$

348,000

Fixed selling and administrative expense

$

104,000

Net operating income

$

75,000

The company's margin of safety in units is closest to:

Select one:

a. 234,222 units

b. 564,242 units

c. 457,500 units

d. 45,455 units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Solve the following 1,4 3 2TT 5x- 1+ (15 x) dx 5X

Answered: 1 week ago