Jefferson Company has a single product whose selling price is $ 350 per unit; variable is $180 per unit and fixed expenses totaling $29,750. A total of 1,000 units were produced and sold last month. The company has no beginning or ending inventories. Compute the margin of safety as a percentage of its sales.

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.