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BRIEF EXERCISE 8-8 Computing the Margin of Safety [LO2- CC8] Molander Corporation sells a sun umbrella used at resort hotels. Data concerning the next month's
BRIEF EXERCISE 8-8 Computing the Margin of Safety [LO2- CC8] Molander Corporation sells a sun umbrella used at resort hotels. Data concerning the next month's budget are given below: $48 per unit Selling price $28 per unit Variable expense $30,000 per month Fixed expense 2,000 units per month Unit sales Required: 2-3 32 1. Compute the company's margin of safety. qvo sanhi con 2. Compute the company's margin of safety as a percentage of its sales
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