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Assume the following (1) Total sales $180,000 (2) the contribution margin ratio = 40%, and (3) total fixed expenses $45,000. Given these three assumptions,
Assume the following (1) Total sales $180,000 (2) the contribution margin ratio = 40%, and (3) total fixed expenses $45,000. Given these three assumptions, the margin of safety is: Multiple Choice $63,000. $105,000 $27,000 $67,500.
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
