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What is the margin of safety in June measured in value

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Problem - Newman Inc. produces and sells one product. The sale price of the product is ISK 40/each, the variable cost is ISK 14 / each and the fixed cost is ISK 41,600 in a month. In June, the product sold 4,000 pieces of the product. What is the margin of safety in June measured in value?

Reference no: EM132902839

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