Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a products selling price is $110 per unit, the variable costs are $45 per unit and fixed costs are $3,000 per month, then the

If a products selling price is $110 per unit, the variable costs are $45 per unit and fixed costs are $3,000 per month, then the margin of safety in sales dollars is ________, when 125 units are sold in one month. (In your calculations, round to the next whole number.)

$4,025

$8,580

$2,775

$2,950

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting The Impact On Decision Makers An Alternative To Debits And Credits

Authors: Gary A. Porter, Curtis L. Norton

4th Edition

0324272669, 978-0324272666

More Books

Students also viewed these Accounting questions

Question

Describe recruitment and selection for international operations.

Answered: 1 week ago