Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40 Variable cost per unit OMR 25, What will be the correct amount of Margin of safely at a profit of OMR 12000? Select one: O a. OMR 37000 O b. OMR 30000 O c. OMR 19200 O d. OMR 32000

Mars Company has the following information: Total Fixed cost OMR 25000 Selling price per unit OMR 40 Variable cost per unit OMR 25, What will be the correct amount of Margin of safely at a profit of OMR 12000? Select one: O a. OMR 37000 O b. OMR 30000 O c. OMR 19200 O d. OMR 32000

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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Question

Mars Company has the following information:
Total Fixed cost OMR 25000
Selling price per unit OMR 40
Variable cost per unit OMR 25,
What will be the correct amount of Margin of safely at
a profit of OMR 12000?
Select one:
O a. OMR 37000
b. OMR 30000
O c. OMR 19200
O d. OMR 32000

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