EXERCISE 5-8 Compute the Margin of Safety (L07) Mohan Corporation is a distributor of a...
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EXERCISE 5-8 Compute the Margin of Safety (L07) Mohan Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning next month's budget appear below: Selling price... Variable expenses Fixed expenses Unit sales. $25 per unit $15 per unit $8,500 per month 1,000 units per month Required: 1. Compute the company's margin of safety. 2. Compute the company's margin of safety as a percentage of its sales
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