Question
OLH Corporation manufactures widgets for the car industry. Data concerning next months budget is as follows: Selling price $30 Variable Expenses $20 Fixed expenses $7,500
OLH Corporation manufactures widgets for the car industry. Data concerning next months budget is as follows: Selling price $30 Variable Expenses $20 Fixed expenses $7,500 per month Unit sales 1,000 units per month
What is OLH's break even?
What is the percentage of OLH's margin of safety?
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
