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Francis' Famous Chocolate Bar Company sells chocolate bars to the students of GBC. Francis buys his chocolate bars for $0.50 from a supplier and sells
Francis' Famous Chocolate Bar Company sells chocolate bars to the students of GBC. Francis buys his chocolate bars for $0.50 from a supplier and sells them for $1. During 2017, Francis sold 100,250 chocolate bars and had fixed costs of 12,000. Required: For 2017, what was Francis' Margin of Safety Percentage? Worth 3 marks
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
6th edition
978-0077328894, 71313974, 9780077395810, 77328892, 9780071313971, 77395816, 978-0077400163
