The management accountant of a company has calculated his firm's breakeven point from the following data: Selling price per unit $20 Variable costs per unit $8 Fixed overheads for next year $79,104 It is expected that next year, the firm will produce and sell 7,500 units. What is the margin of safety? A 12.1% B 13.8% 47.3% D 89.6%

The management accountant of a company has calculated his firm's breakeven point from the following data: Selling price per unit $20 Variable costs per unit $8 Fixed overheads for next year $79,104 It is expected that next year, the firm will produce and sell 7,500 units. What is the margin of safety? A 12.1% B 13.8% 47.3% D 89.6%

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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