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The following information is for Nichols Company: Selling price $120 per unit Variable costs $90 per unit Total fixed costs $315,000 Expected sales are
The following information is for Nichols Company: Selling price $120 per unit Variable costs $90 per unit Total fixed costs $315,000 Expected sales are 12,000 units What is the margin of safety? D Question 12 What is the margin of safety percentage if Expected sales 16,000 Breakeven sales 12,000 Give answer a decimal! 15% =.15 13
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