TockTick Industries makes a product with the following: Sales price per unit =$40 Variable cost...
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Accounting
TockTick Industries makes a product with the following: Sales price per unit =$40 Variable cost per unit =$20 Total fixed costs =$20,000 At an actual sales of 2,000 units, what is their margin of safety ratio? 25.0% 33.3% 40.0% 50.0% 60.0% 80.0%
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