Problemassume a sales volume of 6000 units unit selling, Ask an Expert

Accounting

Problem:

Assume a sales volume of 6,000 units, unit selling price of $20, unit variable cost of $12, and total fixed costs of $20,000.

Required:

Question: What is the margin of safety in sales dollars?

A. $25,000

B. $50,000

C. $70,000

D. $120,000

Note: Please show the work not just the answer.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164220

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