The selling price is $50 per unit. Breakeven volume is 2,000 units. Currentsales volume is 2,500 units. The margin of safety is:25%80%20%75%500 units

the simple income statement is prepared by the company in order to find the profit that is made by…

Answered: The selling price is $50 per unit.…

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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Similar questions

Assume a sales volume of 9120 units, unit selling price of $18, unit variable cost of $10, and total fixed costs of $30400. What is the margin of safety in sales dollars? O $68400 O $164160 O $34200 O $95760
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Danny’s Lawn Equipment has actual sales of $800,000 and a break-even point of $520,000. How much is its margin of safety ratio? Group of answer choices 54% 46% 65% 35%
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Answer with formulas and to be very soon
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The selling price is $50 per unit. Breakeven volume is 2,000 units. Current sales volume is 2,500 units. The margin of safety is: 25% 80% 20% 75% 500 units