During the Current Year, OutlyTech Corp

question 63

Multiple Choice

During the current year, OutlyTech Corp. expected to sell 24,000 telephone switches. Fixed costs for the year were expected to be $12,144,000, the unit sales price was budgeted at $3,200, and unit variable costs were budgeted at $1,440.
OutlyTech's margin of safety (MOS) in sales dollars is:

• A) $76,577,000.
• B) $87,517,000.
• C) $82,044,000.
• D) $54,720,000.
• E) $66,900,000.

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Definitions:

Strengths And Weaknesses

Attributes or aspects of an individual's personality, skills, or abilities that are considered positive (strengths) or negative (weaknesses).

Human Resource Planning

The process of forecasting an organization's future human resource needs and developing strategies for fulfilling those needs, balancing organizational demands with available workforce supply.

Supply And Demand

Fundamental economic model describing how the availability of a product (supply) and the desire for that product (demand) determine its price.

Employees

Individuals who are hired by an organization to perform specific duties in exchange for compensation.