g Enabled: Exam 1 (chap 10, 11, 12)
Owl Incorporated makes a product that sells for $154 per unit. The company pays $96 per unit for the variable costs of the product
and incurs annual fixed costs of $261,000. Owl Incorporated expects to sell 9,300 units of product.
Required:
Determine Owl's margin of safety expressed as a percentage.
Note: Round your percentage answer to 1 decimal place.
Margin of safety
%