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Wildhorse Camping Supply sells harsh weather tents. The company has the following income statement. Sales ($1,300 per unit) $260,000 Less: Cost of Goods sold ($565
Wildhorse Camping Supply sells harsh weather tents. The company has the following income statement. Sales ($1,300 per unit) $260,000 Less: Cost of Goods sold ($565 per unit) 113,000 Gross margin 147,000 Less: Operating costs Salaries $52,000 Advertising 13,065 Sales commissions ($5 per unit) 1,000 Shipping ($15 per unit) 3,000 69,065 Operating income $77.935 Calculate the margin of safety in units. In dollars. (Use your answer of margin of safety in units to calculate the margin of safety in dollars. Round Margin of safety units and point in dollar to O decimal places, e.g. 25,000.) Margin of safety in units units Margin of safety in dollars $
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