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The following is Allison Corporation's contribution format income statement for last month: Sales: $800,000 Variable Expenses: $300,000 Contribution Margin: $500,000 Fixed Expenses: $400,000 Net Operating
The following is Allison Corporation's contribution format income statement for last month:
Sales: $800,000
Variable Expenses: $300,000
Contribution Margin: $500,000
Fixed Expenses: $400,000
Net Operating Income: $100,000
The company has no beginning or ending inventories. The company produced and sold 10,000 units last month. What is the Company's Margin of Safety in Units?
10,000 Units
160,000 Units
8,000 Units
2,000 Units
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