Xiong Corporation Makes a Product That Sells for $130 Per

question 7

Essay

Xiong Corporation makes a product that sells for $130 per unit. The product's current sales are 14,000 units and its break-even sales are 10,220 units.
Required:
Compute the margin of safety in both dollars and as a percentage of sales.

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Definitions:

Office Clipboard

A feature within Microsoft Office applications that allows users to cut, copy, and paste multiple items across different documents and applications.

Save As Dialog Box

A window that appears in software applications allowing users to specify the location, name, and format when saving a file for the first time or as a new copy.

Name Box

A feature in spreadsheet applications that displays the cell reference or name of the selected cell.

Active Cell

The currently selected cell in a spreadsheet where data can be entered or edited, usually highlighted by a border.