Question
If Fama Company, with a break-even point at $624,800 of sales, has actual sales of $880,000, what is the margin of safety expressed (1) in
If Fama Company, with a break-even point at $624,800 of sales, has actual sales of $880,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number.
1). $
2). %
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
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