Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: PerUnit Percent Sales price $ 460 100.00 Variable costs 237 51.52 Unit contribution margin $ 223 48.48 Assume that Staley Co. is currently selling 590 computer monitors per month and monthly fixed costs are $79,800. Staley Co.'s margin of safety ratio (MOS%) if 590 units are sold would be (round intermediate calculation up to nearest whole number of units):
Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data: PerUnit Percent Sales price $ 460 100.00 Variable costs 237 51.52 Unit contribution margin $ 223 48.48 Assume that Staley Co. is currently selling 590 computer monitors per month and monthly fixed costs are $79,800. Staley Co.'s margin of safety ratio (MOS%) if 590 units are sold would be (round intermediate calculation up to nearest whole number of units):
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data:
PerUnit | Percent | ||||||||
Sales price | $ | 460 | 100.00 | ||||||
Variable costs | 237 | 51.52 | |||||||
Unit contribution margin | $ | 223 | 48.48 | ||||||
Assume that Staley Co. is currently selling 590 computer monitors per month and monthly fixed costs are $79,800.
Staley Co.'s margin of safety ratio (MOS%) if 590 units are sold would be (round intermediate calculation up to nearest whole number of units):
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