Honeysuckle Manufacturing has the following data: Selling Price $ 80 Variable manufacturing cost $ 34 Fixed manufacturing
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Question:
Honeysuckle Manufacturing has the following data:
Selling Price $ 80
Variable manufacturing cost $ 34
Fixed manufacturing costs $ 380,000 per month
Variable selling & administrative costs $ 10
Fixed selling & administrative costs $ 136,000 per month
If Honeysuckle has actual monthly sales of $1,690,000 and desires an operating profit of $69,000 per month, what is the margin of safety in sales dollars?
Related Book For
Accounting Principles
ISBN: 978-0470534793
10th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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