Marigold Company has sales of $503000, variable costs of $429000, and fixed costs of $29000....
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Accounting
Marigold Company has sales of $503000, variable costs of $429000, and fixed costs of $29000. Ivanhoe Company has sales of $503000, variable costs of $194000, and fixed costs of $271920. Ivanhoes margin of safety ratio is
0.12.
0.37.
0.63.
0.88.
2)
Sunland Company has a contribution margin per unit of $18 and a contribution margin ratio of 80%. How much is the selling price of each unit?
$22.50.
$90.00.
$14.40.
Cannot be determined without more information.
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