Papa Smurf was one toy product sold by The Smurf Company during April, 2023. The Smurf Company sold each Papa Smurf toy for $42. The company's unit variable cost was $14 and total fixed costs were $42,000; During the month of April, 4,000 Papa Smurf toys were sold. How much is the margin of safety for the company for April?

Answer rating: 100% (QA)

The margin of safety is the difference between actual sales and the brea... View the full answer