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QUESTION
The following monthly data are available for Hepburn, Inc. which produces only one product:
The following monthly data are available for Hepburn, Inc. which produces only one product: Selling price per unit, $42; Unit variable expenses, $14; Total fixed expenses, $84,000; Actual sales for the month of June, 4,000 units. How much is the margin of safety for the company for June?
a. $84,000
b. $42,000
c. $126,000
d. $1,000
