Margin of safety in dollars basics

Assignment Help Accounting Basics
Reference no: EM13140605

For Bobby Company, sales is $1,000,000 (5,000 units), fixed expenses are $300,000, and the contribution margin per unit is $80. What is the margin of safety in dollars?

A) $50,000

B) $250,000

C) $450,000

D) $700,000

Reference no: EM13140605


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd