Question
Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $393,600 and the variable expenses are
Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $393,600 and the variable expenses are 45% of sales. Given this information, the actual profit is:
Multiple Choice
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$104,960
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$72,160
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$19,680
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$54,120
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Financial Accounting
Authors: Jill Collis
1st Edition
1137335882, 978-1137335883
