Question
In the month of June, Jose Heberts Beauty Salon gave 4,125 haircuts, shampoos, and permanents at an average price of $40. During the month, fixed
In the month of June, Jose Heberts Beauty Salon gave 4,125 haircuts, shampoos, and permanents at an average price of $40. During the month, fixed costs were $16,500 and variable costs were 75% of sales.
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Compute the margin of safety in dollars and as a ratio.
| Margin of safety | $ | 41259 | |
| Margin of safety ratio | 25% |
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The Complete Guide To Operational Auditing 1995 Supplement
Authors: Harry R. Reider
1st Edition
0471102547, 978-0471102540
