Solomon Company makes a product that sells for $34 per unit. The company pays $11...
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Accounting
Solomon Company makes a product that sells for $34 per unit. The company pays $11 per unit for the variable costs of the product and incurs annual fixed costs of $190,900. Solomon expects to sell 21,600 units of product.
Determine Solomons margin of safety expressed as a percentage. (Round your answer to 2 decimal places. (i.e., .2345 should be entered as 23.45))
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