Stuart Company makes a product that sells for $35 per unit. The company pays $24 per unit for the variable costs of the product and incurs annual fixed costs of $96,800. Stuart expects to sell 21,500 units of product. Required Determine Stuart’s margin of safety expressed as a percentage. (Round your percentage answers
Stuart Company makes a product that sells for $35 per unit. The company pays $24 per unit for the variable costs of the product and incurs annual fixed costs of $96,800. Stuart expects to sell 21,500 units of product. Required Determine Stuart’s margin of safety expressed as a percentage. (Round your percentage answers
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 10Q: What are the six characteristics of a good performance measurement system?
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Stuart Company makes a product that sells for $35 per unit. The company pays $24 per unit for the variable costs of the product and incurs annual fixed costs of $96,800. Stuart expects to sell 21,500 units of product.
Required
Determine Stuart’s margin of safety expressed as a percentage. (Round your percentage answers to 2 decimal places (i.e., 0.2345 should be entered as 23.45).)
Transcribed Image Text:Margin of safety
%
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