Question: Problem: Module 5 Textbook Problem 10 Learning Objective: 5-8 Calculate and interpret the margin of safety measure Munoz Company makes a product that sells for
Problem: Module 5 Textbook Problem 10 Learning Objective: 5-8 Calculate and interpret the margin of safety measure Munoz Company makes a product that sells for $31 per unit. The company pays $13 per unit for the variable costs of the product and Incurs annual fixed costs of $158.400. Munoz expects to sell 22,600 units of product . Required Determine Munoz's margin of safety expressed as a percentage. (Round your percentage answers to 2 decimal places (l.e., 0.2345 should be entered as 23.45).) 123 Margin of safety %
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