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Margin of safety is defined as the excess of budgeted or actual sales over break-even sales. (p. 367) Is it possible to calculate this margin
Margin of safety is defined as "the excess of budgeted or actual sales over break-even sales." (p. 367) Is it possible to calculate this margin as a percentage, as well as in dollars or units? If so, show a simple example of how this might be done. If not, give reasons why it is not possible. How might a manager use margin of safety to assist the company in improving its share of the market?
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