Question: Brief Exercise 4: The following monthly data are available for Fortner Industries which produces only one product which it sells for $18 each. Its unit

Brief Exercise 4:

The following monthly data are available for Fortner Industries which produces only one product which it sells for $18 each. Its unit variable costs are $8, and its total fixed expenses are $17,000. Actual sales for the month of May totaled 2,000 units.

Instructions

Compute the margin of safety in dollars for the company for May.

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