For Stevens Company, actual sales are $1,000,000 and break-even sales are $840,000. Compute (a) The margin of safety in dollars and (b) The margin of safety ratio.

For Stevens Company, actual sales are $1,000,000 and break-even sales are $840,000. Compute

(a) The margin of safety in dollars and

(b) The margin of safety ratio.


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Related Book For  answer-question

Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

Question Details
Chapter # 5
Section: Brief Exercises
Problem: 11
Posted Date: March 22, 2012 02:57:47