The unit selling price is $75 and the variable cost per unit is $33 and the total fixed costs are $287,937. If the actual sales were $691,414, what is the margin of safety in dollars, rounding to the nearest one dollar?

The unit selling price is $75 and the variable cost per unit is $33 and the total fixed costs are $287,937. If the actual sales were $691,414, what is the margin of safety in dollars, rounding to the nearest one dollar?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter14: Capital Structure Management In Practice

Section14.A: Breakeven Analysis

Problem 7P

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