Finn's budget for the coming year revealed the following figures: sales revenue $ 840.000 Contribution margin 504.000
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Question:
Finn's budget for the coming year revealed the following figures:
sales revenue | $ | 840.000 | |
Contribution margin | 504.000 | ||
Income | 54.000 |
The company's breakeven sales total $750,000,
What would be Finn's margin of safety ?
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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