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A retailer sells a product for £25 per unit and incurs variable costs of £15 per...
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A retailer sells a product for £25 per unit and incurs variable costs of £15 per unit. Fixed costs are £80,000 per period.
The sales budget for the period is 12,000 units.
What is the margin of safety (MOS) as a percentage of the budgeted sales volume?
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