If Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?
If Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, 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 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)?
Select one:
a. MS=100000 and MS (%)=16
b. MS=62000 and MS (%)=13.42
c. MS=73000 and MS (%)=15.15
d. MS=70000 and MS (%)=14.89
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