How is the margin of safety percentage computed?
A) Break-even sales divided by Total sales.
B) Total sales minus Break-even sales.
C) (Total sales - Break-even sales) divided by Break-even sales.
D) (Total sales - Break-even sales) divided by Total sales.
Correct Answer:
Verified
Q2: How is the degree of operating leverage
Q3: Brasher Company manufactures and sells a
Q4: Last year,Twins Company reported $750,000 in sales
Q5: If company A has a higher degree
Q6: Once the break-even point is reached,which of
Q7: When interpreting a CVP graph which of
Q8: A company increased the selling price for
Q9: Which of the following is defined as
Q10: If the fixed expenses of a
Q11: A company has sales of $87,500 at
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents