Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Jul 2017 My Price 6.00

Mohan Corporation

Mohan Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month’s budget appear below:
Selling price . . . . . . . . . . . . . . $25 per unit
Variable expense . . . . . . . . . . $15 per unit
Fixed expense . . . . . . . . . . . . $8,500 per month
Unit sales . . . . . . . . . . . . . . . . 1,000 units per month

Required:
1. Compute the company’s margin of safety.
2. Compute the company’s margin of safety as a percentage of its sales.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 11:07 AM My Price 6.00

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