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Stuart Company makes a product that sells for $35 per unit. The company pays $16 per unit for the variable costs of the product and
Stuart Company makes a product that sells for $35 per unit. The company pays $16 per unit for the variable costs of the product and incurs annual fixed costs of $155,800. Stuart expects to sell 22,100 units of product. Required Determine Stuart's margin of safety expressed as a percentage. Note: Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45 )
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