[Shania123]

Can Someone help me with this question 🙂

W Ltd makes leather purses. It has drawn up the following budget for its next financial period:
Selling price per unit $11.60
Variable production cost per unit $3.40
Sales commission 5% of selling price
Fixed production costs $430,500
Fixed selling and administration costs $198,150
Sales 90,000 units
What is the margin of safety as a % of budgeted sales to one decimal place?

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