Food Mart produces gourmet cookies, which sell for $16 a basket.Variable costs per basket are $6 and fixed costs are $5,000 per month.If Food Mart expects to sell 1,500 baskets of cookies, what is the margin of safety in dollars?
A) $6,000.
B) $10,000.
C) $15,000.
D) $16,000.
E) None of these answer choices is correct.
Correct Answer:
Verified
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