Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Crackle Ltd sells one product, a giant firework, for 90. Each firework has variable costs of 65. Fixed costs for the year are 25,000. Crackle

Crackle Ltd sells one product, a giant firework, for 90. Each firework has variable costs of 65. Fixed costs for the year are 25,000.

Crackle hopes to sell 2,500 units.

The margin of safety is: ????

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Health And Safety Audits

Authors: Lawrence B. Cahill, Raymond W. Kane

9th Edition

1605907081, 9781605907086

More Books

Students also viewed these Accounting questions

Question

Regarding a correspondence

Answered: 1 week ago

Question

3. Keep families informed before problems develop.

Answered: 1 week ago

Question

Describe the basic structure of a union.

Answered: 1 week ago

Question

Discuss laws affecting collective bargaining.

Answered: 1 week ago