Q295
If budgeted revenue is 50000 and breakeven revenue is 35000, then margin of safety would be
A.
$12,000
B.
$14,000
C.
$15,000
AnswerD.
$16,000
Answer: Option C
Solution
Answer: Option C
Solution:
Margin of safety = Budgeted revenue - Breakeven revenue = 35000 = $15,000.