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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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