Xiong Corporation makes a product that sells for $130 per unit. The product's current sales are 14,000 units and its break-even sales are 10,220 units.
Required:
Compute the margin of safety in both dollars and as a percentage of sales.

Question

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The Answer of Xiong Corporation makes a product that sells for $130 per unit. The product's current sales are 14,000 units and its break-even sales are 10,220 units.
Required:
Compute the margin of safety in both dollars and as a percentage of sales.

Xiong Corporation Makes a Product That Sells for $130 Per