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Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data:     Per Unit   Percent Sales price   $ 420       100.00   Variable costs     217       51.67   Unit contribution margin   $ 203       48.33       Assume that Staley Co. is currently selling 550 computer monitors per month and monthly fixed costs are $79,300. Staley Co.'s margin of safety ratio (MOS%) if 550 units are sold would be (round intermediate calculation up to nearest whole number of units):   Multiple Choice   41.81%.   26.11%.   28.91%.   27.91%.

Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data:     Per Unit   Percent Sales price   $ 420       100.00   Variable costs     217       51.67   Unit contribution margin   $ 203       48.33       Assume that Staley Co. is currently selling 550 computer monitors per month and monthly fixed costs are $79,300. Staley Co.'s margin of safety ratio (MOS%) if 550 units are sold would be (round intermediate calculation up to nearest whole number of units):   Multiple Choice   41.81%.   26.11%.   28.91%.   27.91%.

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
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Staley Co. manufactures computer monitors. The following is a summary of its basic cost and revenue data:

 

  Per Unit   Percent
Sales price   $ 420       100.00  
Variable costs     217       51.67  
Unit contribution margin   $ 203       48.33  
 

 

Assume that Staley Co. is currently selling 550 computer monitors per month and monthly fixed costs are $79,300.

Staley Co.'s margin of safety ratio (MOS%) if 550 units are sold would be (round intermediate calculation up to nearest whole number of units):

 

Multiple Choice
  •  
    41.81%.
  •  
    26.11%.
  •  
    28.91%.
  •  
    27.91%.
  •  
    82.91%.
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