Lamar has the following data: Selling Price$40 Variable manufacturing cost$22 Fixed manufacturing cost$150,000per monthVariable selling & administrative costs$6 Fixed selling & administrative costs$120,000per monthIf Lamar produces and sells 30,000 units, what is the margin of safety in units?
A. 22,500 units.
B. 5,000 units.
C. 7,500 units.
D. 30,000 units.
Answer: C
Business
You might also like to view...
Commodity IT assets include such things are network management
Indicate whether the statement is true or false
Business
What is the business purpose of the balanced scorecard, and how does it benefit an organization?
Business
When you have successfully saved or compiled a procedure, the status is marked as VALID.
Answer the following statement true (T) or false (F)
Business
Agents and principles have a fiduciary duty to each other
Indicate whether the statement is true or false
Business