4. The following monthly data are available for Salalah Company which produces only one product: Selling price per unit, RO 30; Unit variable expenses, RO 15; Total fixed expenses, RO 50,000; Actual sales for the month of July, 10,000 units. How much is the margin of safety for the company for July?

4. The following monthly data are available for Salalah Company which produces only one product: Selling price per unit, RO 30; Unit variable expenses, RO 15; Total fixed expenses, RO 50,000; Actual sales for the month of July, 10,000 units. How much is the margin of safety for the company for July?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: accounting