Margin of safety is referred to as. (a). Excess of budgeted or actual sales over the variable
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Margin of safety is referred to as.
(a). Excess of budgeted or actual sales over the variable expenses and fixed expense, at break-even.
(b). Excess of budgeted or actual sales revenue over the fixed expenses.
(c). Excess of actual sales over budgeted sales.
(d). Excess of sales revenue over the variable expenses.
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