What Will Be the Monthly Margin of Safety (In Dollars)if

question 111

Multiple Choice

What will be the monthly margin of safety (in dollars) if 1,800 units are sold each month?

• A)$82,500
• B)$70,500
• C)$12,000
• D)$16,500

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Definitions:

Dollar Amounts

Quantitative measures expressed in units of currency, commonly used to refer to sums of money in financial transactions.

Exact Dollar

A term that specifies a precise amount of money, down to the last penny, without rounding or estimation.

Scenario Manager

A function within spreadsheet software that allows users to create and analyze multiple what-if versions of a dataset.

Forecast Sheet

A feature in spreadsheet software that allows for the prediction of future values based on historical data, using statistical methods.