Essay
Compex Inc. produces microprocessors for laptops. Last year, the company recognized revenues of $2,000,000. Total costs for the period were $1,000,000, of which $250,000 were fixed.
What was Compex's margin of safety for the period?
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Variable Costs = $1,000,000 - $250,000 =...View Answer
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Correct Answer:
Verified
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