Question
SOUTHAMPTON ELECTRONICS MANUFACTURES A RANGE OF PORTABLE HEATERS.MOST OF THE OUTPUT IS EXPORTED.SALES=12 000 UNITS.SELLING PRICE=$25 PER UNIT.CONTRIBUTION MARGIN RATIO=40%.MARGIN OF SAFETY PERCENTAGE=30%.THE VARIABLE EXPENSE
SOUTHAMPTON ELECTRONICS MANUFACTURES A RANGE OF PORTABLE HEATERS.MOST OF THE OUTPUT IS EXPORTED.SALES=12 000 UNITS.SELLING PRICE=$25 PER UNIT.CONTRIBUTION MARGIN RATIO=40%.MARGIN OF SAFETY PERCENTAGE=30%.THE VARIABLE EXPENSE PER UNIT IS:a)$15.00 per unit b) 10.00 per unit c) 17.50 per unit d)7.50 per unit
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh
4th Canadian edition
978-1259269868, 978-1259103292
