Power Cords Corp.expected to sell 42,000 industrial power cords.Fixed costs were $1,650,000;unit sales price was $3,750;and unit variable costs were $2,250.Power Cord Corp.'s margin of safety ratio is calculated to be:
A) 91.59%.
B) 97.38%.
C) 90.71%.
D) 99.47%.
E) 93.15%.
Correct Answer:
Verified
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