A single product company sells its product
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A single product company sells its product at 60 per unit In 2019, the company operated at a margin of safety of 40%. The fixed costs amounted t0 3,60,000 and the variable cost ratio to sales was 80% In 2020, it is estimated that variable cost will go up by 10% and the fixed cost will increase by 5%
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A single product company sells its product at 60 per unit In 2019, the company operated at a margin of safety of 40%. The fixed costs amounted t0 3,60,000 and the variable cost ratio to sales was 80% In 2020, it is estimated that variable cost will go up by 10% and the fixed cost will increase by 5%.
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