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QUESTION
68. Majid Corporation sells a product for $240 per unit. The productquot;s current sales are 41,300 units and its break-even sales are 36,757 units....
68. Majid Corporation sells a product for $240 per unit. The product"s current sales are 41,300 units and its break-even sales are 36,757 units. What is the margin of safety in dollars? A) $8,821,680 B) $6,608,000 C) $9,912,000 D) $1,090,320 Ans: D AACSB: Analytic AICPA BB: Critical Thinking AICPA FN: Reporting LO: 7 Level: Easy Solution: Margin of safety in dollars: Break-even sales = $240 per unit
