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If Actual sales are OMR 490000, Total Fixed costs OMR 135000, 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=60000 and MS (%)=15.15 b. MS=40000 and MS (%)38.89 c. MS=40000 and MS (%)=8.16 d. MS=72000 and MS (%)=16.42

If Actual sales are OMR 490000, Total Fixed costs OMR 135000, 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=60000 and MS (%)=15.15 b. MS=40000 and MS (%)38.89 c. MS=40000 and MS (%)=8.16 d. MS=72000 and MS (%)=16.42

FINANCIAL ACCOUNTING
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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If Actual sales are OMR 490000, Total Fixed costs OMR 135000, 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=60000 and MS (%)=15.15 b. MS=40000 and MS (%)38.89 c. MS=40000 and MS (%)=8.16 d. MS=72000 and MS (%)=16.42
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