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The following information was taken from Wampler Co.'s contribution income statement: Sales $200,000 Variable Cost 120,000 Fixed costs 60,000 Operating Profit 20,000 What was Wampler's
The following information was taken from Wampler Co.'s contribution income statement:
| Sales | $200,000 |
| Variable Cost | 120,000 |
| Fixed costs | 60,000 |
| Operating Profit | 20,000 |
What was Wampler's margin of safety percentage?
Group of answer choices
40%
33%
25%
10%
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Accounting Principles
Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel
8th Edition
0471980196, 9780471980193
