Stones Manufacturing sells a marble slab for $1,100. Fixed costs are $35,000, while the variable...

60.1K

Verified Solution

Question

Accounting

Stones Manufacturing sells a marble slab for $1,100. Fixed costs are $35,000, while the variable costs are $450 per slab. The company currently plans to sell 230 slabs this month. What is the margin of safety assuming 80 slabs are actually sold? (Round interim calculations and final calculations to the nearest whole number.) A. $90,100 B. $193,600 C. $28,600 D. $35,000

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