Question
Gulf Ltd manufactures toys and has the following forecast costs for one of its popular products: Directs costs (per unit): Labour 25 Materials 15
Gulf Ltd manufactures toys and has the following forecast costs for one of its popular products: Directs costs (per unit): Labour 25 Materials 15 Fixed costs: Factory rental 3,000 Staff salary 6,000 Sales per unit is 55 and total annual sales are 750 units. What is the Margin of Safety? A 600 units B 900 units C 150 units D 225 units
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Correct answer is OptionC 150 units Per unit Sales 750 units 4125...Get Instant Access to Expert-Tailored Solutions
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Business Statistics
Authors: Robert A. Donnelly
2nd Edition
0321925122, 978-0321925121
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