Question
At a price of $48, the estimated monthly sales of a product are 18,000 units. Variable expenses include manufacturing costs of $27 and distribution costs
At a price of $48, the estimated monthly sales of a product are 18,000 units. Variable expenses include manufacturing costs of $27 and distribution costs of $9. Fixed expenses are $60,000 per month. The margin of safety in units is _________________.
answer: 13,000 units
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Accounting An Introduction
Authors: Pauline Weetman
7th Edition
1292086696, 978-1292086699
