In the current year, Becker Sofa Company expected to sell 12,000 leather sofas. Fixed costs for...
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In the current year, Becker Sofa Company expected to sell 12,000 leather sofas. Fixed costs for the year were expected to be $8,400,000; unit sales price was budgeted at $4,600; and unit variable costs were expected to be $2.200. Becker Sofa Company's margin of safety ratio (MOS %) is (rounded to two decimal places) 70.83%. 73.35%. 79.27% 71.29% 77.98%. In the current year, Becker Sofa Company expected to sell 12,000 leather sofas. Fixed costs for the year were expected to be $8,400,000; unit sales price was budgeted at $4,600; and unit variable costs were expected to be $2.200. Becker Sofa Company's margin of safety ratio (MOS %) is (rounded to two decimal places) 70.83%. 73.35%. 79.27% 71.29% 77.98%.
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contribution margin selling price variable costs 4600220... View the full answer
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-0078110931
16th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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