EA14. LO 3.5 Marshall & Company produces a single product and recently calculated their break-even point as shown. Current Units sold Sales price per unit Variable cost per unit Contribution margin per unit Fixed costs Break-even (in units) Contribution margin ratio Break-even (in dollars) 400 550 375 175 $ 3,500 20 31.82% $11,000 What would Marshall's target margin of safety be in units and dollars if they required a $14,000 margin of safety?
EA14. LO 3.5 Marshall & Company produces a single product and recently calculated their break-even point as shown. Current Units sold Sales price per unit Variable cost per unit Contribution margin per unit Fixed costs Break-even (in units) Contribution margin ratio Break-even (in dollars) 400 550 375 175 $ 3,500 20 31.82% $11,000 What would Marshall's target margin of safety be in units and dollars if they required a $14,000 margin of safety?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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