Transcribed image text: Exercise 3-11A Margin of safety LO 3-4 Solomon Company makes a product that sells

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Transcribed image text: Exercise 3-11A Margin of safety LO 3-4 Solomon Company makes a product that sells for $34 per unit. The company pays $22 per unit for the variable costs of the product and incurs annual fixed costs of $98,400. Solomon expects to sell 22,400 units of product. Required Determine Solomon's margin of safety expressed as a percentage. (Round your answer to 2 decimal places. (.e., .2345 should be entered as 23.45)) Margin of safety

Posted Date: Jul 02, 2024 02:05 AM

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Transcribed image text: Exercise 3-11A Margin of safety LO 3-4 Solomon Company makes a product that sells

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