Multiple Choice
The following monthly data are available for Lumberyard Company. which produces only one product: Selling price per unit $42; Unit variable expenses $14; Total fixed expenses $42000; Actual sales for the month of June 3000 units. How much is the margin of safety for the company for June?
A) $42000
B) $63000
C) $84000
D) $1500
Correct Answer:

Verified
Correct Answer:
Verified
Q107: Which of the following is not a
Q108: The break-even point cannot be determined by<br>A)
Q109: A cost-volume-profit graph shows the amount of
Q110: The amount of revenue remaining after deducting
Q111: A variable cost remains constant per unit
Q113: At the break-even point of 2000 units
Q114: Cunningham Inc. sells MP3 players for $60
Q115: Required sales in dollars to meet a
Q116: At the high level of activity in
Q117: The difference between actual or expected sales