Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dolly (Pty) Ltd has sales of 1 800 units. The selling price and variable cost per unit are R63 and R27 respectively. Fixed costs are

Dolly (Pty) Ltd has sales of 1 800 units. The selling price and variable cost per unit are R63 and R27 respectively. Fixed costs are R16 200. What is the margin of safety ratio?

a. 66%

b. 75%

c. 82%

d. 84%

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

IT Audit Control And Security

Authors: Robert R. Moeller

1st Edition

0471406767, 9780471406761

More Books

Students also viewed these Accounting questions