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What is the company margin of safety as percentage of sales

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Reference no: EM132071245

Question - Highjinks, Inc., has provided the following budgeted data:

Sales 20,000 units

Selling price $100 per unit

Variable expense $70per unit

Fixed expense $450,000

What is the company's margin of safety as a percentage of sales?

50%

100%

25%

75%

Reference no: EM132071245

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