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Fleet Foot buys hiking socks for $6 a pair and sells them for $10. Monthly fixed costs are $10,000 (for sales volumes between zero and
Fleet Foot buys hiking socks for $6 a pair and sells them for $10. Monthly fixed costs are $10,000 (for sales volumes between zero and 12,000 pairs), resulting in a break-even point of 2,500 units. Assume that Fleet Foot has been selling 8,000 pairs of socks per month.What is Fleet Foot's current margin of safety in units? Question 5 options: 5500 Units 2500 Units 8000 Units
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
