Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Vintage Weaponry is owned and operated by a craftsman who makes replicas of historic firearms formuseums, sportsmen, and collectors. He is currently producing 40 flintlock
Vintage Weaponry is owned and operated by a craftsman who makes replicas of historic firearms formuseums, sportsmen, and collectors. He is currently producing 40 flintlock muskets per month. Data are asfollows:
Sales price per unit
$800
Variable cost per unit
470
Fixed costs per month
10,230
If Vintage expects to sell 60 units permonth, how much is his margin of safety expressed in salesrevenue?
A.
$23,200
B.
$13,630
C.
$48,000
D.
$24,800
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started