Zachary Company makes a product that sells for $34 per unit. The company pays $12...

70.2K

Verified Solution

Question

Accounting

image Zachary Company makes a product that sells for $34 per unit. The company pays $12 per unit for the variable costs of the product and incurs annual fixed costs of $206,800. Zachary expects to sell 21,600 units of product. Required Determine Zachary's margin of safety expressed as a percentage. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45) )

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students