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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 43 options: 8000 Units 2500 Units 5500 Units
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