The Margin of Safety Ratio Can Be Defined as The

Multiple Choice

The margin of safety ratio can be defined as the:

A) Excess of budgeted sales over break-even sales divided by break-even sales.
B) Excess of budgeted sales over break-even sales divided by budgeted sales.
C) Excess of budgeted sales over fixed costs divided by budgeted sales.
D) Excess of budgeted sales over variable costs divided by budgeted sales.