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Protect Ltd a small tailor produces face masks. The monthly fixed costs for ren...

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Protect Ltd a small tailor produces face masks. The monthly fixed costs for rent, insurance, maintainance, cleaning etc. is budgeted to EUR 10509.

Protect Ltd sells its masks for EUR 25 per unit.

The variable cost per unit (material) is budgeted to EUR 12 per unit.

The expected volume of sales is: 20273 units

Required: Calculate the margin of safety.

Hint: round to whole-numbers in % (i.e. 23%).

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