During the current year, Mute Corporation expected to sell 22,200 telephone switches. Fixed costs for the year were expected to be $12,141,000, the unit sales price was budgeted at $3,100, and unit variable costs were budgeted at $1,280. Mute's margin of safety (MOS) in sales dollars is: (Do not round intermediate calculations.)
During the current year, Mute Corporation expected to sell 22,200 telephone switches. Fixed costs for the year were expected to be $12,141,000, the unit sales price was budgeted at $3,100, and unit variable costs were budgeted at $1,280. Mute's margin of safety (MOS) in sales dollars is: (Do not round intermediate calculations.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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During the current year, Mute Corporation expected to sell 22,200 telephone switches. Fixed costs for the year were expected to be $12,141,000, the unit sales price was budgeted at $3,100, and unit variable costs were budgeted at $1,280.
Mute's margin of safety (MOS) in sales dollars is: (Do not round intermediate calculations.)
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