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Calculate margin of safety and the margin of safety ratio

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Question - Monterey Co. makes and sells a single product. The current selling price is $17 per unit. Variable expenses are $10.2 per unit, and fixed expenses total $33,680 per month. (Unless otherwise stated, consider each requirement separately.)

Calculate the margin of safety and the margin of safety ratio. Assume current sales are $101,201.

Reference no: EM132083597

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