10.Gould Enterprises sells computer disks for $150 per disk and variable expenses of $90 per unit. Total fixed costs are $180,000 and budgeted sales in units are 4,300. What is the margin of safety in dollars? Select one: A.$195,000 B.$258,000 C.$78,000
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
10.Gould Enterprises sells computer disks for $150 per disk and variable expenses of $90 per unit. Total fixed costs are $180,000 and budgeted sales in units are 4,300.
What is the margin of safety in dollars?
Select one:
A.$195,000
B.$258,000
C.$78,000
D.$450,000
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