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INCLUDE PROCEDURES For the current year, Electric Corporation expected to sell 42,900 industrial power cords. Fixed costs were expected to total $1,635,000; unit sales price
INCLUDE PROCEDURES
For the current year, Electric Corporation expected to sell 42,900 industrial power cords. Fixed costs were expected to total $1,635,000; unit sales price was expected to be $4,650; and unit variable costs were budgeted at $3,150.
Electric Corporation's margin of safety ratio (MOS%) is (rounded to two decimal points): (Do not round intermediate calculations.)
Multiple Choice
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91.67%.
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90.79%.
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99.55%.
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93.23%.
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97.46%.
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