Question
Assume the following: * Unit Selling price, USP = 80; * Unit Variable cost, UVC = 60; * Fixed cost in total, FC = 5000;
Assume the following:
* Unit Selling price, USP = 80;
* Unit Variable cost, UVC = 60;
* Fixed cost in total, FC = 5000;
* Units sold = 365 (Its recommended to prepare a preliminary Income statement, using Marginal approach.)
Round your numerical answers to 2 significant decimal places, if not even.
Round monetary answers to the nearest whole euro.
1. How much is the Margin of Safety in euros?
2. How much is the Margin of Safety percentage?
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Equity Alternatives Phantom Stock SARs Restricted Stock Performance Awards And More 2023
Authors: Corey Rosen, Joseph Adams, Barbara Baksa, Daniel Coleman, Daniel Janich, Blair Jones, Scott Rodrick, Martin Staubus, Dan Walter
20th Edition
1954990197, 978-1954990197
