A retail firm has a sales price of $23 per unit and variable costs of...
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Accounting
A retail firm has a sales price of $23 per unit and variable costs of $11.00 per unit. The firms margin of safety is 3,000 units (they are selling 3,000 units more than the break-even point in units). Operating income would be:
$33,000
would need to know fixed costs to determine operating income at this level of sales
$36,000
$69,000
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