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Exercise 193 Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $540,000. The contribution margin ratio is 30%. Compute the margin of safety
Exercise 193 Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $540,000. The contribution margin ratio is 30%. Compute the margin of safety in dollars and the margin of safety ratio.
| Margin of safety in dollars | $ | ||
| Margin of safety ratio | % |
|
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Forensic Accounting And Fraud Examination
Authors: Paul Barnes
1st Edition
1118454138, 978-1118454152
