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$+60\,000$
Accounting 9706 · AS & A Level · Costs and cost behaviour
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?