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For the current year, Electric Corporation expected to sell 42,300 industrial power cords. Fixed costs were expected to total $1,545,000; unit sales price was expected
For the current year, Electric Corporation expected to sell 42,300 industrial power cords. Fixed costs were expected to total $1,545,000; unit sales price was expected to be $4,050; and unit variable costs were budgeted at $2,550.
Electric Corporation's margin of safety ratio (MOS%) is (rounded to two decimal points): (Do not round intermediate calculations.)
Multiple Choice
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99.66%.
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91.78%.
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97.57%.
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90.90%.
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93.34%.
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