Question
PK Stationary, Inc. produces soap dispensers. The selling price is $12 per dispenser. The variable cost of production is $4.80 per dispenser and the fixed
PK Stationary, Inc. produces soap dispensers. The selling price is $12 per dispenser. The variable cost of production is $4.80 per dispenser and the fixed cost per month is $20,448. For November, the company expects to sell 3,100 soap dispensers.
a. Calculate expected profit.
b. Calculate the margin of safety in dollars.
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Financial Accounting Fundamentals
Authors: John J. Wild
8th Edition
1260728609, 9781260728606
