A-LevelAccountingTraditional costing methods9706/12 · Oct/Nov 2018 · Q271 Mark

A company has the following revenue information for a month. actual revenue $510000 break-even revenue $555000 budgeted revenue $570000 What was its margin of safety during the month?

A-$60000

B-$45000

C+$45000

D+$60000

✓ Correct answer

B: -$45000

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, Oct/Nov 2018 Paper 1 Variant 2, question 27.

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