In 2018 Duck Inc. sold rain boots for $50 per pair and the firm had fixed costs

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In 2018 Duck Inc. sold rain boots for $50 per pair and the firm had fixed costs of $312,000, variable costs of $24 per pair, and total sales of $925,000. What is the margin of safety for 2018?

A). $600,000
B). $300,000
C). $325,000
D). $312,000

Related Book For answer-question

Cost management a strategic approach

ISBN: 978-0073526942

5th edition

Authors: Edward J. Blocher, David E. Stout, Gary Cokins

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Posted Date: Jan 17, 2021 05:55 PM

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In 2018 Duck Inc. sold rain boots for $50 per pair and the firm had fixed costs

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Margin of safety 325000 Solution The margin of safety MOS is the excess of ... View the full answer

Cost management a strategic approach

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