Question
Units sold 1,200 Price $ 10 Sales $ 12,000 Variable manufacturing costs 4,800 Fixed manufacturing costs 2,400 Variable selling costs 1,200 Fixed administrative costs 1,200
Units sold 1,200
Price $ 10
Sales $ 12,000
Variable manufacturing costs 4,800
Fixed manufacturing costs 2,400
Variable selling costs 1,200
Fixed administrative costs 1,200
Required: Using the data provided, compute the margin of safety and margin of safety ratio.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
3rd Canadian edition
978-1118727737, 1118727738, 978-1118033890
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