Globus Autos sells a single product. 8,000 units were sold resulting in $83,000 of sales revenue, $21,000 of variable costs, and $10,000 of fixed costs. If Globus reduces the selling price by $1.20 per unit, the new margin of safety is:
A) 6,911 units
B) 3,042 units
C) 4,958 units
D) 8,000 units
Correct Answer:
Verified
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