Wang Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378 per unit. Annual fixed costs are $872,000. Current sales volume is $4,380,000. Compute the current margin of safety in dollars. Multiple Choice $2,200,000. $1,656,800. $3,226,510. $2,877,600. $2,180,000.

Wang Company manufactures and sells a single product that sells for $630 per unit; variable costs are $378 per unit. Annual fixed costs are $872,000. Current sales volume is $4,380,000. Compute the current margin of safety in dollars. Multiple Choice $2,200,000. $1,656,800. $3,226,510. $2,877,600. $2,180,000.

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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