If the fixed costs are 50,000 Dollars and the variable cost can be expressed as VC(Q)=10Q dollars where Q is the quantity. What price per unit (in Dollars) must be set in order to obtain a margin of safety of 10% at the quantity of 5,000?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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If the fixed costs are 50,000 Dollars and the variable cost can be expressed as VC(Q)=10Q dollars where Q is the quantity.
What price per unit (in Dollars) must be set in order to obtain a margin of safety of 10% at the quantity of 5,000?
Transcribed Image Text:If the fixed costs are 50,000 Dollars and the variable cost can be expressed as VC(Q)=10Q dollars where Q is the quantity. What price per unit (in Dollars) must be set in order to obtain a margin of safety of 10% at the quantity of 5,000?
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