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The following monthly data are available for Ellison Company which produces only one product: Selling price per unit, $74.00; Unit variable expenses, $44.40; Total fixed

image text in transcribed The following monthly data are available for Ellison Company which produces only one product: Selling price per unit, $74.00; Unit variable expenses, $44.40; Total fixed expenses, $8,800; Actual sales for the monthly of June, 1,000 units. How much is the margin of safety (in dollars) for the company in June? $29,600 $20,800 $68,720 $52,000

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