Masirah Company sold 5,000 units of its product resulting in $70,000 of sales revenue, $25,000 of variable costs, and $14,000 of fixed costs. If variable costs decrease by $1 per unit, the new margin of safety in units is: O a. 3,600 units O b. 5,000 units O c. 3,445 units O d. None of the given answers

Masirah Company sold 5,000 units of its product resulting in $70,000 of sales revenue, $25,000 of variable costs, and $14,000 of fixed costs. If variable costs decrease by $1 per unit, the new margin of safety in units is: O a. 3,600 units O b. 5,000 units O c. 3,445 units O d. None of the given answers

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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