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Zaza (Pty) Ltd has sales of 1 500 units. The selling price and variable cost per unit are R52,50 and R22,50 respectively. Fixed costs are
Zaza (Pty) Ltd has sales of 1 500 units. The selling price and variable cost per unit are R52,50 and R22,50 respectively. Fixed costs are R13 500.
What is the margin of safety ratio?
a. 60%
b. 77%
c. 70%
d. 75%
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