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Question 3 Shelhorse Corporation produces and sells a single product. Data concerning that product appear below: Per Unit S 240 120 S 120 Percent of

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Question 3 Shelhorse Corporation produces and sells a single product. Data concerning that product appear below: Per Unit S 240 120 S 120 Percent of Sales Selling price Variable expenses Contribution margin 100 % 50 % 59% Fixed expenses are $352,000 per month. The company is currently selling 4700 units per month. Required: Calculate the Following: Contribution Margin Ratio whole dollar) Margin of Safety in Units (nearest whole units) Units

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