The following data pertains to Product Silk that was being produced by Prestige Company. Prestige Company...
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The following data pertains to Product Silk that was being produced by Prestige Company. Prestige Company sold 12,000 units of Product Silk. The selling price of each product is P 180.00 per unit. The cost to produce such product would cost P110. The average monthly fixed cost is P290,000. Required: 1) How much is Margin of Safety in Pesos? 2) How much is Margin of Safety Ratio? The following data pertains to Product Silk that was being produced by Prestige Company. Prestige Company sold 12,000 units of Product Silk. The selling price of each product is P 180.00 per unit. The cost to produce such product would cost P110. The average monthly fixed cost is P290,000. Required: 1) How much is Margin of Safety in Pesos? 2) How much is Margin of Safety Ratio?
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To calculate the Margin of Safety MOS and Margin of Safety Ratio MOS ratio we need to gather the fol... View the full answer
Related Book For
College Accounting Chapters 1-30
ISBN: 978-0077862398
14th edition
Authors: John Price, M. David Haddock, Michael Farina
Posted Date:
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