Munoz Company makes and sells products with variable costs of $51 each. Munoz incurs annual...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Munoz Company makes and sells products with variable costs of $51 each. Munoz incurs annual fixed costs of $32,400. The current sales price is $69.
g. Assume that Munoz concludes that it can sell 1,850 units of product for $65 each. Recall that variable costs are $49 each and fixed costs are $22,600. Compute the margin of safety in units and dollars and as a percentage. (Do not round intermediate calculations. Round your answers to the nearest whole number.) Margin of safety (units) = Margin of safety (dollars) = Margin of Safety % =
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: Zin AI - Your personal assistant for all your inquiries!
