Cubie Corporation has provided the following data concerning its only product: Selling price $ 70 per...
Cubie Corporation has provided the following data concerning its only product: Selling price $ 70 per unit Current sales 10,100 units Break-even sales 8,181 units What is the margin of safety in dollars?
Homework Answers
Margin of safety=total sales-breakeven sales
=10100-8181
=1,919 units
=(1,919*70)
=$134,330
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