Burke Company has a break-even of $600,000 in total sales. Assuming the company sells its product for $40 per unit, what is its margin of safety in units if sales total$800,000?Multiple Choice20,000 units1,250 units15,000 units5,000 units

Margin of safety: Margin of safety is the point after which profit will happen in multiple of…

Answered: Burke Company has a break-even of…

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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Burke Company has a break-even of $600,000 in total sales. Assuming the company sells its product for $40 per unit, what is its margin of safety in units if sales total $800,000? Multiple Choice 20,000 units 1,250 units 15,000 units 5,000 units