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 percentage?
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Principles And Theory Of Oil And Gas Accounting
Authors: U. E. Etowa, J. O. Udoayang
1st Edition
1387068229, 978-1387068227
