slist Discussions Grades Assignments & Exams Surveys Groups Log Out EXAM 2 -Quiz

Question

slist Discussions Grades Assignments & Exams Surveys Groups Log Out EXAM 2 -Quiz e Left: 1:08:55 Casey Follmer: Attempt 1 Question 25 (4 points) G Company sells its product for $1.50 per unit. Unit variable expenses total $1.00. The breake current sales in units are 310,000. Which of the following statements is true? ven point in units is 300,000 and O a) The margin of safety in dollars is $15,000. O b) Total current contribution margin is $450,000 O c) The margin of safety in units is 300,000. O d) Total current fixed costs are s310,000.

Explanation / Answer

Margin of safety in dollars = (310000-300000)*1.5= $15000 Option A is correct

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