Only typing answerPlease explain step by step without table and graph Assume the following information for a company with only two products:Product A$ 600,000$ 200,000SalesVariable expensesFixed expensesThe company's margin of safety is closest to:Multiple ChoiceOO$166,667.$250,000.$100,000.$33,333.Product B$ 400,000$ 200,000Total$1,000,000$ 400,000$ 500,000

The margin of safety is a financial and risk management concept that is used to evaluate the degree…

Answered: Assume the following information for a…

Assume the following information for a company with only two products: Sales Variable expenses Fixed expenses Product A $ 600,000 $ 200,000 Product B $ 400,000 $ 200,000

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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Question

Only typing answer

Please explain step by step without table and graph

Assume the following information for a company with only two products:
Product A
$ 600,000
$ 200,000
Sales
Variable expenses
Fixed expenses
The company's margin of safety is closest to:
Multiple Choice
O
O
$166,667.
$250,000.
$100,000.
$33,333.
Product B
$ 400,000
$ 200,000
Total
$1,000,000
$ 400,000
$ 500,000

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