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Victorin Corporation has provided the following data concerning its only product: Sales price $210 per unit Variable cost $63 per unit Expected sales 27,000 units
Victorin Corporation has provided the following data concerning its only product: Sales price $210 per unit
Variable cost $63 per unit
Expected sales 27,000 units
Breakeven sales 21,870 units
The margin of safety ratio is closest to:
A) 81% B) 77% C) 70% D) 23% E) 19%
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