Cubie Corporation has provided the following data concerning its only product:Selling price$93 per unit10,700 units8,346 unitsCurrent salesBreak-even salesWhat is the margin of safety in dollars?Multiple ChoiceO $776,178$218,922$605,419 What is the margin of safety in dollars?Multiple ChoiceO $776,178O $218,922$605,419O $995,100

The question is based on the concept of Financial Management.

Cubie Corporation has provided the following data concerning its only product: 24 93 per unit Selling price Current sales 10, 700 units 8,346 units Break-even sales What is the margin of safety in dollars?

Cubie Corporation has provided the following data concerning its only product: 24 93 per unit Selling price Current sales 10, 700 units 8,346 units Break-even sales What is the margin of safety in dollars?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter10: Cost Analysis For Management Decision Making

Section: Chapter Questions

Problem 14E: A company has prepared the following statistics regarding its production and sales at different...

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Question

Cubie Corporation has provided the following data concerning its only product:
Selling price
$
93 per unit
10,700 units
8,346 units
Current sales
Break-even sales
What is the margin of safety in dollars?
Multiple Choice
O $776,178
$218,922
$605,419

What is the margin of safety in dollars?
Multiple Choice
O $776,178
O $218,922
$605,419
O $995,100

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