Question
The following monthly data are available for Wackadoos, Inc. It produces only one product: Selling price per unit: $42; Unit variable expenses: $14; Total fixed
The following monthly data are available for Wackadoos, Inc. It produces only one product: Selling price per unit: $42; Unit variable expenses: $14; Total fixed expenses: $42,000; Actual sales for the month of June: 4,000 units. What is the margin of safety for the company for June?
a. $105,000
b. $2,500
c. $70,000
d. $63,000
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Financial Accounting An Introduction
Authors: Pauline Weetman
7th Edition
1292086696, 978-1292086699
