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Required information [The following information applies to the questions displayed below.] Vernon Company makes and sells products with variable costs of $24 each. Vernon incurs
Required information [The following information applies to the questions displayed below.] Vernon Company makes and sells products with variable costs of $24 each. Vernon incurs annual fixed costs of $434,160. The current sales price is $105. g. Assume that Vernon concludes that it can sell 13,600 units of product for $80 each. Recall that variable costs are $30 each and fixed costs are $316,000. 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 safety in units Margin of safety in dollars Margin of safety
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