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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

  • 91.67%.

  • 90.79%.

  • 99.55%.

  • 93.23%.

  • 97.46%.

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