Zhao Company has fixed costs of $455,600. Its single product sells for $191 per unit, and variable costs are $124 per unit. If thecompany expects sales of 10,000 units, compute its margin of safety(a) in dollars and(b) as a percent of expected sales.$a. Margin of safety (in dollar)611,200b. Margin of safety (%)

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Answered: Zhao Company has fixed costs of…

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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