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Bill's Bikes expects to sell $50,000 worth of bikes this month. He sells them for $500 each and buys them for $30,000 from his supplier.
Bill's Bikes expects to sell $50,000 worth of bikes this month. He sells them for $500 each and buys them for $30,000 from his supplier. His fixed costs are $10,000 per month. What is his margin of safety in dollars?
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Margin of safety is the difference between actual or expected sales and the breakeven point represen...
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Horngrens Accounting
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
9780134487151, 013448715X, 978-0134674681
