If Actual sales are OMR 620000, Total Fixed costs OMR 115000, Selling price per unit OMR 60, and Variable cost per unit OMR 45, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?
If Actual sales are OMR 620000, Total Fixed costs OMR 115000, Selling price per unit OMR 60, and Variable cost per unit OMR 45, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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If Actual sales are OMR 620000, Total Fixed costs OMR 115000, Selling price per unit OMR 60, and Variable cost per unit OMR 45, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?
Select one:
a.
MS=43000 and MS (%)=8.16
b.
MS=69000 and MS (%)=13.15
c.
MS=45000 and MS (%)=7.26
d.
MS=72000 and MS (%)=16.42
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