Question
In the month of April, Carly's Carwash provided 3,000 car washes at an average price of $25.
Fixed costs are $9,300 and variable costs are 85% of sales. Compute the margin of safety ratio.
2.60%
17.33%
20.97%
15.00%
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In the month of April, Carly's Carwash provided 3,000 car washes at an average price of $25. Fixed costs are $9,300 and variable costs are 85% of sales. Compute the margin of safety ratio. 2.60% 17.33% 20.97% 15.00% eTextbook and Media hp

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