A company manufactures cell phone cases. The selling price per case is $20 with a variable cost
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Question:
A company manufactures cell phone cases. The selling price per case is $20 with a variable cost per unit of $10. The forecasted sales for the year are $400,000. Related costs are shown below.
Depreciation$35,000
Fixed overhead40,000
Administration65,000
Utility costs20,000
What is the margin of safety?
Related Book For
Statistics For Business And Economics
ISBN: 9780132745659
8th Edition
Authors: Paul Newbold, William Carlson, Betty Thorne
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