Margin of safety in a company can be improved by: (1) Reducing the fixed cost and variable cost (2) Increasing sales volume and price of sales (3) Increasing stock of material in the expectation of price rise (4) Expandi
CS Executive · Cost and Management Accounting · PYQS · December 2016
Margin of safety in a company can be improved by: (1) Reducing the fixed cost and variable cost (2) Increasing sales volume and price of sales (3) Increasing stock of material in the expectation of price rise (4) Expanding business to fulfill the demand of market (5) Changing the product mix to increase contribution. Select the correct answer from the options given below —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Management Accounting
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