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The information below relates to a company that makes wooden chairs. For the forthcoming year, expectations are: - Fixed costs 150,000 Variable costs 300,000 Sales
The information below relates to a company that makes wooden chairs. For the forthcoming year, expectations are: - Fixed costs 150,000 Variable costs 300,000 Sales (50,000 chairs) 500,000 What is the margin of safety as a percentage?
50%
25%
0%
3%
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