Question
Wang Co. manufactures and sells a single product that sells for $350 per unit; variable costs are $182 per unit. Annual fixed costs are $993,600.
Wang Co. manufactures and sells a single product that sells for $350 per unit; variable costs are $182 per unit. Annual fixed costs are $993,600. Current sales volume is $4,270,000. Compute the current margin of safety in dollars.
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$1,553,328.
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$2,070,000.
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$2,200,000.
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$3,500,892.
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$3,023,856.
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
