Question
Awatis corporation has a margin of safety percentage of 25% based on its actual sales. The breakeven point is $240,000 and the variable expense are
Awatis corporation has a margin of safety percentage of 25% based on its actual sales. The breakeven point is $240,000 and the variable expense are 45% of sales . what is the actual profit?
Multiple Choice
A) 64,000
b) 44,000
c) 12,000
d) 33,000
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Fundamentals Of Advanced Accounting
Authors: Joe Hoyle
4th Edition
78136636, 978-0078136634
