A company that makes organic fertilizer has supplied the following data: The company's margin of safety in units is closest to:Select one:a.471,429 unitsb.501,563 unitsc.601,524 unitsd.194,043 units 680,000$4,352,000Bags produced and sold..Sales revenue ...Variable manufacturing expense..Fixed manufacturing expense.Variable selling and administrative expenseFixed selling and administrative expenseNet operating income..$1,972,000$730,000$782,000$412,000$456,000

The question is based on the concept of Cost Accounting. Margin of safety sales is the amount of…

Answered: he company's margin of safety in units…

he company's margin of safety in units is closest to: Select one: a. 471,429 units b. 501,563 units c. 601,524 units d. 194,043 units

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.

Question

A company that makes organic fertilizer has supplied the following data:

The company's margin of safety in units is closest to:

Select one:

471,429 units

501,563 units

601,524 units

194,043 units

680,000
$4,352,000
Bags produced and sold..
Sales revenue ...
Variable manufacturing expense..
Fixed manufacturing expense.
Variable selling and administrative expense
Fixed selling and administrative expense
Net operating income..
$1,972,000
$730,000
$782,000
$412,000
$456,000

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