Question: During the current year, OutlyTech Corp. expected to sell 24,300 telephone switches. Fixed costs for the year were expected to be $12,145,500, the unit sales

During the current year, OutlyTech Corp. expected to sell 24,300 telephone switches. Fixed costs for the year were expected to be $12,145,500, the unit sales price was budgeted at $3,350, and unit variable costs were budgeted at $1,560.

OutlyTech's margin of safety ratio (MOS %) is: (Do not round intermediate calculations.)

Multiple Choice

  • 76.97%.

  • 93.32%.

  • 72.07%.

  • 87.82%.

  • 71.07%.

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