Solved: The margin of safety, The margin of safety percentage, Accounting Basics

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The margin of safety

Evergreen Corp. has provided the following data:
Sales per period

1,000 units
Selling price

$40 per unit
Variable manufacturing cost

$12 per unit
Selling expenses

$5,100 plus 5% of selling price
Administrative expenses

$3,000 plus 20% of selling price
The margin of safety percentage is:

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Accounting Basics: The margin of safety

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Accounting Basics: The margin of safety

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