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Question) Elrina wines sells premium wines for $50 each. Variable costs are 40% of sales and total fixed costs are $400,000. What is Elrina's margin
Question) Elrina wines sells premium wines for $50 each. Variable costs are 40% of sales and total fixed costs are $400,000. What is Elrina's margin of safety, in sales dollars, if 20000 units are sold?
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
