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Determine the Becker Sofa Company margin of safety ratio

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Question - In the current year, Becker Sofa Company expected to sell 12,400 leather sofas. Fixed costs for the year were expected to be $8,402,000; unit sales price was budgeted at $4,800; and unit variable costs were expected to be $2,400. Determine the Becker Sofa Company's margin of safety ratio?

Reference no: EM133090226

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