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Ziggy Company is a manufacturer of watchess. The company has provided the following financial information for the year 2023: Selling Price per Watch R10 Direct

Ziggy Company is a manufacturer of watchess. The company has provided the following financial information for the year 2023:

Selling Price per Watch R10 Direct Materials per Watch R1.50 Direct Labour per Watch R1.80 Variable overheads per Watch R0.70 Fixed cost R20 000 Expected sales for 2023 10 000 watches

Margin of Safety (in rands and percentage).

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