Question
Company Y has fixed costs of $30,000 and a contribution margin ratio of 40%. If current sales are $90,000, what is the margin of safety
Company Y has fixed costs of $30,000 and a contribution margin ratio of 40%.
If current sales are $90,000, what is the margin of safety in sales dollars?
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
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978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
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