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For the current year, Electric Corporation expected to sell 42,000 industrial power cords. Fixed costs were expected to total $1,650,000; unit sales price was expected
For the current year, Electric Corporation expected to sell 42,000 industrial power cords. Fixed costs were expected to total $1,650,000; unit sales price was expected to be $3,750; and unit variable costs were budgeted at $2,250. Electric Corporation's margin of safety ratio (MOS%) is (rounded to two decimal points): 97.38%. 93.15%. 91.59%. 90.71%. 99.47%.
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