Question
Label Corp. recorded sales of $2,235,096 for the most recent year. The company's breakeven sales point (in dollars) is $1,670,000, and its margin of safety
Label Corp. recorded sales of $2,235,096 for the most recent year. The company's breakeven sales point (in dollars) is $1,670,000, and its margin of safety ratio (MOS%) at the current sales level is 34%. What sales (in dollars) would be needed to increase the company's MOS% to 38%?
Multiple Choice
- $3,056,308.
- $2,309,258.
- $2,964,898.
- $2,693,548.
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Financial And Managerial Accounting
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
4th Edition
1119752620, 978-1119752622
