Define the term margin of safety. If Peine Company expects to sell 1,250 units of its product at $12 per
Define the term “margin of safety.” If Peine Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $12,000, what is the margin of safety ratio?
This problem has been solved!
Do you need an answer to a question different from the above? Ask your question!
Step by Step Answer:
Chapter # 22- Cost-Volume-Profit
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: September 16, 2011 11:38:50