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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

  • 99.66%.

  • 91.78%.

  • 97.57%.

  • 90.90%.

  • 93.34%.

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