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Columbus Industries makes a product that sells for $37 a unit. The product has a $29 per unit variable cost and total fixed costs of
Columbus Industries makes a product that sells for $37 a unit. The product has a $29 per unit variable cost and total fixed costs of $10,000. At budgeted sales of 1,950 units, the margin of safety ratio is:
36.0%
39.2%.
35.9%.
None of these choices are correct.
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