Jenny's Novelties sells souvenir key chains at the local airport. JN sells these key chains at $12 each. The Variable Cost per chain is $8 and the Total Fixed Costs for teh year amounts to $13,000. The owner of JN believes her company can sell 10,500 key chains in a year. 

What is the Margin of Safety for CGN at 10,500 Sales?

Answer rating: 100% (QA)

The margin of safety measures the difference between the actual or projected sales volume and the br... View the full answer