Globus Autos Sells a Single Product

Multiple Choice

Globus Autos sells a single product. 8,000 units were sold resulting in $83,000 of sales revenue, $21,000 of variable costs, and $20,000 of fixed costs. If variable costs decrease by $1.00 per unit, the new margin of safety is ________. (Round intermediate calculations to the nearest cent.)

A) $83,000
B) $21,000
C) $59,190
D) $63,000