Mr. Bran plans to produce and sell 140 units of a product. Fixed Costs absorbed are $20 per unit. Contribution per unit is $24. What is the margin of safety.?
Unless this was set you as a test, you must have an answer in the same book in which you found the question – ask about whatever it is in the answer that you are not clear about and I will then certainly help you.
I assume that you have watched my lectures on CVP analysis? The lectures are a complete free course for Paper F5 and cover everything needed to be able to pass the exam well.
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