Question: Problem: Module 5 Textbook Problem 10 Learning Objective: 5-8 Calculate and interpret the margin of safety measure Jordan Company makes a product that sells for

 Problem: Module 5 Textbook Problem 10 Learning Objective: 5-8 Calculate and

Problem: Module 5 Textbook Problem 10 Learning Objective: 5-8 Calculate and interpret the margin of safety measure Jordan Company makes a product that sells for $32 per unit. The company pays $14 per unit for the varlable costs of the product and incurs annual fixed costs of $165,600. Jordan expects to sell 21,800 units of product. Required Determine Jordan's margin of safety expressed as a percentage. (Round your percentage answers to 2 decimal places (i.e., 0.2345 should be entered as 23.45 )

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