Question
Paramatta Company provided 500 repairs and had the total sales of $250,000 last year. Total variable cost was $75,000 and the total fixed costs were
Paramatta Company provided 500 repairs and had the total sales of $250,000 last year. Total variable cost was $75,000 and the total fixed costs were $70,000. What is the margin of safety?
Multiple Choice
- $125,000
- $75,000
- $200,000
- $150,000
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Ethical Obligations and Decision Making in Accounting Text and Cases
Authors: Steven M. Mintz, Roselyn E. Morris
5th edition
1259969460, 73403997, 1260480852, 978-1259969461
