Question: 1. The following data are available for X Corp: Margin of safety 300; MS ratio 20%; Profit of 100 and FC of 200.00. What is
1. The following data are available for X Corp: Margin of safety 300; MS ratio 20%; Profit of 100 and FC of 200.00. What is the variable cost ratio?
2. The equation of Q= 6,000 + 5.25 X; where X = mhrs; was developed using the monthly data of the company since the start of its operations. What is the total annual total cost of 10,000 machine hours?
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