Acme Company sells a product for $260 per unit. The product's current sales are 13,700 units and its break-even sales are 10,549 units. The margin of safety as a percentage of sales is closest to: O 23% O 30% O 77% 70%

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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Acme Company sells a product for $260 per unit. The product's
current sales are 13,700 units and its break-even sales are
10,549 units. The margin of safety as a percentage of sales is
closest to:
O 23%
O 30%
O 77%
O 70%
Transcribed Image Text:Acme Company sells a product for $260 per unit. The product's current sales are 13,700 units and its break-even sales are 10,549 units. The margin of safety as a percentage of sales is closest to: O 23% O 30% O 77% O 70%
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