Becker Sofa Company expected to sell 12,000 leather sofas.Fixed costs were $8,400,000;unit sales price was $4,600;and unit variable costs were $2,200.Becker Sofa Company's margin of safety ratio is calculated to be:
A) 71.29%.
B) 77.98%.
C) 70.83%.
D) 79.27%.
E) 73.35%.
Correct Answer:
Verified
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