Answered step by step
Verified Expert Solution
Question
1 Approved Answer
computate inc. produces microprocessors for laptops. Last year, the company recognized revenues of $4,000,000. Total cost for the period were $2,000,000, of which $500,000 were
computate inc. produces microprocessors for laptops. Last year, the company recognized revenues of $4,000,000. Total cost for the period were $2,000,000, of which $500,000 were fixed.
What was Computate's margin of safety for the period?
A $3,200,000
B $2,775,000
C $2,834,000
D $3,125,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started