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Assume the following information: Amount ...

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Question

Accounting

Assume the following information:

Amount
Selling price $ 30
Variable expense per unit $ 10
Fixed expenses $ 8,000 per month
Unit sales 1,200 per month

The margin of safety is closest to:

Multiple Choice

  • $16,000.

  • $28,000.

  • $24,000.

  • $20,000.

Answer & Explanation Solved by verified expert
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