For the Current Year, Power Cords Corp

question 47

Multiple Choice

For the current year, Power Cords Corp. expected to sell 42,000 industrial power cords. Fixed costs were expected to total $1,650,000; unit sales price was expected to be $3,750; and unit variable costs were budgeted at $2,250.
Power Cord Corp.'s margin of safety (MOS) in sales dollars is:

• A) $153,375,000.
• B) $187,550,000.
• C) $159,295,000.
• D) $171,100,000.
• E) $142,925,000.

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Definitions:

Taft-Hartley Act

A federal law enacted in 1947 that prohibits certain union practices and requires disclosures by unions, intending to protect the rights of union members and management.

Fringe Benefits

Additional benefits offered to employees beyond their normal wages or salaries, such as health insurance, paid vacation, and retirement plans.

Boycotting Meetings

involves intentionally avoiding or abstaining from attending meetings as a form of protest or dissent.

Pregnancy Discrimination Act

A federal law in the United States that prohibits discrimination against pregnant women in the workplace.