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
D. $16,000
Answer: Option C
Solution (By Examveda Team)
Margin of safety = Budgeted revenue - Breakeven revenue= $50000 - $35000 = $15,000.
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