Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR 25 Variable cost per unit OMR 15, What will be the correct amount of Margin of safely at a profit of OMR 6000? Select one: O a. OMR 20000 O b. None of the options O c. OMR 13333 O d. OMR 15000

Dhofar Company has the following information: Total Fixed cost OMR 20000 Selling price per unit OMR 25 Variable cost per unit OMR 15, What will be the correct amount of Margin of safely at a profit of OMR 6000? Select one: O a. OMR 20000 O b. None of the options O c. OMR 13333 O d. OMR 15000

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter8: Inventories: Special Valuation Issues

Section: Chapter Questions

Problem 1MC: Sienna Company uses the FIFO cost flow assumption. Sierra has inventory with a selling price of 100,...

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Question

Dhofar Company has the following information:
Total Fixed cost OMR 20000
Selling price per unit OMR 25
Variable cost per unit OMR 15,
What will be the correct amount of Margin of safely at a profit of OMR
6000?
Select one:
O a. OMR 20000
O b. None of the options
O c. OMR 13333
O d. OMR 15000

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