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The following information is provided for Steinberg Company Selling price per unit: $25 Variable cost per unit: $5 Annual fixed costs: $9,000 Budgeted sales: 1,000

The following information is provided for Steinberg Company
Selling price per unit: $25
Variable cost per unit: $5
Annual fixed costs: $9,000
Budgeted sales: 1,000 units
Required: What is this company's margin of safety in units, sales and as a percentage?

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