Accounting 9706 · AS & A Level · Costs and cost behaviour

Costs and cost behaviour — practice question

A company recorded the following revenue figures for one month: actual revenue $510\,000$, break-even revenue $555\,000$, budgeted revenue $570\,000$. What was the margin of safety for that month?

  • A$-60\,000$
  • B$-45\,000$
  • C$+45\,000$
  • D$+60\,000$

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