The budgeted income statement for J Limited gives the figures below. Sales: $400000$ Variable costs: $240000$ Fixed costs: $132000$ Profit for the year: $28000$ What is the margin of safety in dollars?
- A$70000$
- B$160000$
- C$268000$
- D$330000$
Accounting 9706 · AS & A Level · Costs and cost behaviour