Stones Manufacturing sells a marble slab for $1,100. Fixed costs are $34,000, while the variable costs are $500 per slab. The company currently plans to sell 240 slabs this month. What is the margin of safety assuming 80 slabs are actually sold? (Round all unit calculations UP to the nearest whole number.) A) $201,300 B) $81,300 C) $25,300 D) $34,000

Stones Manufacturing sells a marble slab for $1,100. Fixed costs are $34,000, while the variable costs are $500 per slab. The company currently plans to sell 240 slabs this month. What is the margin of safety assuming 80 slabs are actually sold? (Round all unit calculations UP to the nearest whole number.) A) $201,300 B) $81,300 C) $25,300 D) $34,000

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter14: Capital Structure Management In Practice

Section14.A: Breakeven Analysis

Problem 5P

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