Jones Company makes and sells 1,000 tables a year for $350 per table. Manufacturing costs...
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Accounting
Jones Company makes and sells 1,000 tables a year for $350 per table. Manufacturing costs per table are direct material cost of $138 and direct labor cost of $52. Two hours of direct labor are required to manufacture a table. Manufacturing overhead (all fixed) is applied based on labor hours at a rate of $36 per hour. What is the margin of safety in units?
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