Spire Ridge Company produces bells. Fixed costs are $800,000. Variable costs per bell are $60.00, and...
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Spire Ridge Company produces bells. Fixed costs are $800,000. Variable costs per bell are $60.00, and each bell sells for $100.00. The company' sales budget calls for sales of 24,000 units. At the budgeted level of sales, what is the margin of safety ratio? O 20.0% O 33.3% O 16.7% O 44.4% Spire Ridge Company produces bells. Fixed costs are $800,000. Variable costs per bell are $60.00, and each bell sells for $100.00. The company' sales budget calls for sales of 24,000 units. At the budgeted level of sales, what is the margin of safety ratio? O 20.0% O 33.3% O 16.7% O 44.4%
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Related Book For
Fundamental Accounting Principles
ISBN: 978-0077862275
22nd edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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