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Following are the selling and cost information data concerning Realm Co.s only product: Selling price per unit $ 110 Costs per unit (11,000 units produced
Following are the selling and cost information data concerning Realm Co.s only product: |
Selling price per unit | $ | 110 | |
Costs per unit (11,000 units produced and sold): | |||
Direct material | 30 | ||
Direct labour | 15 | ||
Variable overhead | 10 | ||
Fixed overhead | 10 | ||
Commission | 10 | % of sales | |
Required: |
What is the margin of safety in dollars and units? (Do not round intermediate calculations.) |
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