Yerkes Corporation makes a product that sells for $110 per unit. The product's current sales are 35,900 units and its break-even sales are 26,566 units.
Required:
Compute the margin of safety in both dollars and as a percentage of sales.

Question

Quizplus · Accepted Answer

The Answer of Yerkes Corporation makes a product that sells for $110 per unit. The product's current sales are 35,900 units and its break-even sales are 26,566 units.
Required:
Compute the margin of safety in both dollars and as a percentage of sales.

Yerkes Corporation Makes a Product That Sells for $110 Per