Question: 13) Penzel Company estimates that variable costs will be 70% of sales and fixed costs will total S2,160,000. The selling price of the product is

13) Penzel Company estimates that variable costs will be 70% of

13) Penzel Company estimates that variable costs will be 70% of sales and fixed costs will total S2,160,000. The selling price of the product is S10, and 750,000 units will be sold. Instructions: Compute the margin of safety in dollars and the margin of safety ratio

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