If Actual sales are OMR 460000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=70000 and MS (%)=12.15 b. MS=100000 and MS (%)=15 c. MS=60000 and MS (%)=13.04 d. MS=62000 and MS (%)=
If Actual sales are OMR 460000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=70000 and MS (%)=12.15 b. MS=100000 and MS (%)=15 c. MS=60000 and MS (%)=13.04 d. MS=62000 and MS (%)=
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If Actual sales are OMR 460000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?
Select one:
a. MS=70000 and MS (%)=12.15
b. MS=100000 and MS (%)=15
c. MS=60000 and MS (%)=13.04
d. MS=62000 and MS (%)=13.42
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