Tom's Taxidermy expects to sell 800 units of its specialty preservation product. The managerial accountant reported that manager must sell 400 units of specialty product to breakeven. Compute the margin of safety in units
A) 100 units
B) 200 units
C) 300 units
D) 400 units
D
Explanation: D) Margin of safety in units: 800 units - 400 units = 400 units
Business
You might also like to view...
A potential drawback of performance-based quotas is that non-selling activities may be neglected.
a. true b. false
Business
California law provides that real estate licensees can pay a finder's fee to a non-licensee for:
A. offering properties for sale B. soliciting buyers and sellers C. a mere introduction D. performing an act for which a real estate license is required
Business