Rachel Ltd. manufactures chopping boards. Each unit sells for 15. Variable costs are 5.50 per...

90.2K

Verified Solution

Question

Accounting

Rachel Ltd. manufactures chopping boards. Each unit sells for 15. Variable costs are 5.50 per unit. Fixed costs are budgeted at 87,903.5 for the forthcoming financial year and the company expects to sell 15,000 units. What is the margin of safety (to the nearest )? a) 54,597 b) 62,520 c) 138,795 d) 86,205

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