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Refe re nces Required information Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3. 3-4. 3-5 [The following information applies to the questions displayed
Refe re nces Required information Problem 3-23A (Algo) Comprehensive CVP analysis LO 3-1, 3-2, 3-3. 3-4. 3-5 [The following information applies to the questions displayed below] Franklin Company makes and sells products with variable costs of $24 each. Franklin incurs annual xed costs of $359,800. The current sales price is $94. Note: The requirements of this question are interdependent. For example, the $280,000 desired prot introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. L Problem 3-23A (Algo) Part 9 9. Assume that Franklin concludes that it can sell 11,400 units of product for $80 each. Recall that variable costs are $30 each and xed costs are $294,000. Compute the margin of safety in units and dollars and as a percentage. (Do not round intermediate calculations. Round your answers to the nearest whole number. Round your percentage answer to nearest whole percentage For example, 0.1234 should be entered as 12%) Margin of safely in units Margin of safely in dollars Margin of safety
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