ABC Company is considering discontinuing a certain product line if it does not have a margin of safety higher than 15%. The breakeven sales are php76,800, and the margin of safety is Php13,200. Based on this information, the controller has recommended that ABC keep this product line.

Did the controller make the appropriate decision?

Group of answer choices

No, because the margin of safety ratio of 17.2% is not better than 15%

No, because the margin of safety ratio of 14.7% is not better than 15%

Yes, because the margin of safety ratio of 14.7% is better than 15%

Yes, because the margin of safety ratio of 17.2% is better than 15%

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