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For the current year, Electric Corporation expected to sell 42,900 industrial power cords. Fixed costs were expected to total $1,635,000; unit sales price was expected
For the current year, Electric Corporation expected to sell 42,900 industrial power cords. Fixed costs were expected to total $1,635,000; unit sales price was expected to be $4,650; and unit variable costs were budgeted at $3,150.
Electric Corporation's margin of safety ratio (MOS%) is (rounded to two decimal points): (Do not round intermediate calculations.)
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