Question
Stones manufacturing, sells a marble slab for $1000. Fixed costs are $30,000, While the variable costs are $400 per slab. The company currently plans to
Stones manufacturing, sells a marble slab for $1000. Fixed costs are $30,000, While the variable costs are $400 per slab. The company currently plans to sell 200 slabs this month. What is the margin of safety asssuming 75 slabs are budgeted?
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Managing Financial Resources
Authors: Mick Broadbent, John Cullen
3rd Edition
1138134546, 978-1138134546
