Question: Lamar has the following data: Selling price $ 40 Variable manufacturing cost $ 22 $165,000 per month Fixed manufacturing cost Variable selling & administrative

Lamar has the following data: Selling price $ 40 Variable manufacturing cost $ 22 $165,000 per month Fixed manufacturing cost Variable selling & administrative costs $ 6 Fixed selling & administrative costs $135,000 per month If Lamar produces and sells 45,000 units, what is the margin of safety in units?
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To calculate the margin of safety in units we first need to determine Lamars breakeven point in unit... View full answer
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