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Margin of Safety Jake's Sub Shop sells large sub sandwiches for $8.75. Unit variable expenses total $3.85. The break-even sales in units is 5,250 and budgeted sales in units is 9,500. Round answers to the nearest dollar, if applicable. What is the margin of safety in dollars? $0 What are Jake's fixed costs? $0

Margin of Safety Jake's Sub Shop sells large sub sandwiches for $8.75. Unit variable expenses total $3.85. The break-even sales in units is 5,250 and budgeted sales in units is 9,500. Round answers to the nearest dollar, if applicable. What is the margin of safety in dollars? $0 What are Jake's fixed costs? $0

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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Margin of Safety Jake's Sub Shop sells large sub sandwiches for $8.75. Unit variable expenses total $3.85. The break-even sales in units is 5,250 and budgeted sales in units is 9,500. Round answers to the nearest dollar, if applicable. What is the margin of safety in dollars? $0 What are Jake's fixed costs? $0
Transcribed Image Text:Margin of Safety Jake's Sub Shop sells large sub sandwiches for $8.75. Unit variable expenses total $3.85. The break-even sales in units is 5,250 and budgeted sales in units is 9,500. Round answers to the nearest dollar, if applicable. What is the margin of safety in dollars? $0 What are Jake's fixed costs? $0
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