Question: Michael was given the following data: Sales Quantity: 11,800 Fixed Costs: 8,402,000 Unit Sales Price: 4,400 Unit Variable Costs: 2,150 What is the Margin of

Michael was given the following data:

Sales Quantity: 11,800

Fixed Costs: 8,402,000

Unit Sales Price: 4,400

Unit Variable Costs: 2,150

What is the Margin of Safety (MOS) in sales dollars?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!