Question
The following monthly data are available for the Wyatt Corporation and its only product: Unit selling price $36 Unit variable expenses $28 Total fixed expenses
The following monthly data are available for the Wyatt Corporation and its only product:
| Unit selling price | $36 | |
| Unit variable expenses | $28 | |
| Total fixed expenses | $50,000 | |
| Actual sales for the month of May | 7,000 | units |
The margin of safety for the company during May was:
$27,000
$106,000
$56,000
$6,000
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Fundamental Accounting Principles
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
20th Edition
1259157148, 78110874, 9780077616212, 978-1259157141, 77616219, 978-0078110870
