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Mohan Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price $25per unit
Mohan Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below:
Selling price $25per unit
Variable expense $15per unit
Fixed expense $8,500per month
Unit sales 1,000units per month
Required:1.Compute the company's margin of safety.
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2.Compute the company's margin of safety as a percentage of its sales.
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