What is log cos margin of safety

Assignment Help Cost Accounting

Reference no: EM133326087

Assignment: The standard costs and revenues of Log Co's only product are as follows:

$ per unit

Sales price 60

Direct materials 12

Direct labour 15

Variable production overhead 3

Fixed production overhead 15

Profit 15

Fixed overheads are absorbed on budgeted production and sales of 10,000 units per year. Sales staff receive a sales commission of 5% of sales revenue.

What is Log Co's margin of safety (to the nearest whole %)?

Reference no: EM133326087

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