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In the current year, Becker Sofa Company expected to sell 13,000 leather sofas. Fixed costs for the year were expected to be $8,405,000; unit sales

In the current year, Becker Sofa Company expected to sell 13,000 leather sofas. Fixed costs for the year were expected to be $8,405,000; unit sales price was budgeted at $5,100; and unit variable costs were expected to be $2,700.

Becker Sofa Company's margin of safety ratio (MOS %) is (rounded to two decimal places): (Do not round intermediate calculations.)

Multiple Choice

  • 73.52%.
  • 80.21%.
  • 73.06%.
  • 81.50%.
  • 75.58%.

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