IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 115 Topic 12 Discussion

IIA CIA Exam Part Three: Business Knowledge for Internal Auditing IIA-CIA-Part3-3P Question # 115 Topic 12 Discussion

IIA-CIA-Part3-3P Exam Topic 12 Question 115 Discussion:
Question #: 115
Topic #: 12

A clothing company sells shirts for $8 per shirt. In order to break even, the company must sell 25,000 shirts. Actual sales total $300,000.

What is margin of safety sales for the company?


A.

$100,000


B.

$200,000


C.

$275,000


D.

$500,000


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