Following are the selling and cost information data concerning Realm Co.s only product: Selling price per unit
Question:
Following are the selling and cost information data concerning Realm Co.’s only product:
Selling price per unit . . . . . . . . . . . . . . . . . $100
Costs per unit (10,000 units produced and sold):
Direct material . . . . . . . . . . . . . . . . . ........ . . 30
Direct labour . . . . . . . . . . . . . . . . . ......... . . . 20
Variable overhead . . . . . . . . . . . . . . ........ . . 15
Fixed overhead. . . . . . . . . . . . . . . . ........ . . . 15
Commission . . . . . . . . . . . . . . . . . 10% of sales
Required:
What is the margin of safety in dollars and units?
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Sales price 10000 Less Variable costs Direct materials Direct labour Variable ove...View the full answer
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Related Book For 
Introduction to Managerial Accounting
ISBN: 978-1259103261
4th Canadian edition
Authors: Peter C. Brewer, Ray H Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan
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