Question: Selling price per unit $ 28 Variable expense per unit $ 13 Fixed expense per month $ 12,150 Unit sales per month 960 Required: 1.
| Selling price per unit | $ 28 |
|---|---|
| Variable expense per unit | $ 13 |
| Fixed expense per month | $ 12,150 |
| Unit sales per month | 960 |
Required:
1. What is the companys margin of safety? (Do not round intermediate calculations.)
2. What is the companys margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (i.e. .1234 should be entered as 12.34).)
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