What is swimkids margin of safety
Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price is $30 per unit. Swimkids variable costs are $30 per unit. Fixed costs are $90,000. Swimkids expects sales of $273,000 next year. What is Swimkids's margin of safety?
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The initial cost of the equipment was $310,000 with an accumulated depreciation of $260,000. Depreciation has been taken up to the end of the year.
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Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price is $30 per unit. Swimkids variable costs are $30 per unit. Fixed costs are $90,000. Swimkids expects sales of $273,000 next year.
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