Question
In 2018 Duck Inc. sold rain boots for $50 per pair and the firm had fixed costs of $312,000, variable costs of $24 per pair,
In 2018 Duck Inc. sold rain boots for $50 per pair and the firm had fixed costs of $312,000, variable costs of $24 per pair, and total sales of $925,000. What is the margin of safety for 2018?
A). $600,000
B). $300,000
C). $325,000
D). $312,000
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Margin of safety 325000 Solution The margin of safety MOS is the excess of ...
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
73526940, 978-0073526942
