Jorgensen Company has sales of $380,000,000, and the break-even point in sales dollars is $323,000,000. Determine Jorgensen Company's margin of safety as a percent of current sales. 35 X %

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 7BE: Margin of safety Jorgensen Company has sales of 380,000,000, and the break-even point in sales...
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Margin of Safety
Jorgensen Company has sales of $380,000,000, and the break-even point in sales dollars is $323,000,000.
Determine Jorgensen Company's margin of safety as a percent of current sales.
35 X %
Transcribed Image Text:Margin of Safety Jorgensen Company has sales of $380,000,000, and the break-even point in sales dollars is $323,000,000. Determine Jorgensen Company's margin of safety as a percent of current sales. 35 X %
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