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For the current year, Electric Corporation expected to sell 42,600 industrial power cords. Fixed costs were expected to total $1,590,000; unit sales price was expected
For the current year, Electric Corporation expected to sell 42,600 industrial power cords. Fixed costs were expected to total $1,590,000; unit sales price was expected to be $4,350; and unit variable costs were budgeted at $2,850. Electric Corporation's margin of safety ratio (MOS%) is (rounded to two decimal points): (Do not round intermediate calculations.) Multiple Choice 97.51%. 90.84%. 93.28%. 91.72%. 99.60%.
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