Friday, July 8, 2011

Murdoch Corporation has provided the following data concerning its only product:

ECONOMICS

Multiple Choice

Murdoch Corporation has provided the following data concerning its only product:



Murdoch Product Data

Selling price

$230 per unit

Current sales

39,100 units

Break-even sales

29,716 units


What is the margin of safety in dollars?

A. $8,993,000

B. $6,834,680

C. $5,995,333

D. $2,158,320

Click here for the SOLUTION

No comments:

Post a Comment