Mississippi Mile Travel Company is conducting a sensitivity analysis in order to assess the company's margin of
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Question:
Mississippi Mile Travel Company is conducting a sensitivity analysis in order to assess the company's margin of safety in units and in dollars. Predicted data indicate that 4,900 travel package sales can be expected while 2,300 package sales are necessary to meet the company's breakeven point. Each travel package sells for 2,900.
Calculate the company's margin of safety in package units and dollars.
Related Book For
An Introduction to Statistical Methods and Data Analysis
ISBN: 978-1305269477
7th edition
Authors: R. Lyman Ott, Micheal T. Longnecker
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