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Explain what is the margin of safety and how is it calculated Determine how much...

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Accounting

Explain what is the margin of safety and how is it calculated Determine how much is his margin of safety expressed in sales revenue and in the number of units for the compary below.
ABC Company is owned and operated by a crattsman who makes elaborate birdcages. It is currently producing 40 bircages per month Cost data are as follows:
Price $720 per unit
Variable cost $470 per unit
Fixed costs $8,000 per month
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