he following information pertains to Clove Co. for the month just ended: Budgeted sales $1,000,000 Breakeven...
he following information pertains to Clove Co. for the month just ended:
|
Budgeted sales |
$1,000,000 |
|
Breakeven sales |
700,000 |
|
Budgeted contribution margin |
600,000 |
|
Cash flow breakeven |
200,000 |
Clove’s margin of safety is
A) $800,000
B) $300,000
C)$500,000
D)$400,000
Homework Answers
Margin of Safety = Budgeted Sales - Breakeven Sales
=$1,000,000 - $700,000
=$300,000
Add Answer to:
he following information pertains to Clove Co. for the month
just ended:
Budgeted sales
$1,000,000
Breakeven...
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