ABC Company produces a gourmet condiment which sells for $16.00 per unit. Variable costs are $6 per
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Question:
ABC Company produces a gourmet condiment which sells for $16.00 per unit. Variable costs are $6 per unit, and fixed costs are $5,000 per month. If Divine expects to sell 1,500 units, compute the margin of safety in dollars.
A) $16,000
B) $15,000
C) $10,000
D) $6,000
Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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