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Determine the margin of safety in units and sales dollars

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Reference no: EM133003525

Heather Hudson makes stuffed teddy bears. Recent information for her business follows:

Selling price per bear  $34.00

Total fixed cost per month 1,572.00

Variable cost per bear 22.00

Problem 1: If she sells 293 bears next month, determine the margin of safety in units, sales dollars, and as a percentage of sales. (Round your intermediate calculations to the nearest whole number and round your "Percentage of Sales" answer to 2 decimal places. (i.e. .1234 should be entered as 12.34%.))

Reference no: EM133003525

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