Assume a sales volume of 6,000 units, unit selling price of $20, unit variable cost of $12, and total fixed costs of $20,000. What is the margin of safety in units?
A) 2,500
B) 3,500
C) 6,000
D) 8,000
Correct Answer:
Verified
Q28: Companies must engage in target costing after
Q41: The formula for margin of safety in
Q42: Which of the following formulas is used
Q42: If sales price and variable cost remain
Q43: A breakeven graph illustrates the relationship between
A)Volume
Q46: The formula for margin of safety in
Q47: On the breakeven graph,if sales price and
Q48: On the breakeven graph,the fixed cost line
A)Increases
Q52: On the breakeven graph,any level of sales
Q55: On the breakeven graph,if sales price and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents