The margin of safety is the excess of budgeted (or actual) sales over the breakeven volume of sales. It is the amount by
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The margin of safety is the excess of budgeted (or actual) sales over the breakeven volume of sales. It is the amount by
The margin of safety is the excess of budgeted (or actual) salesover the breakeven volume of sales. It is the amount by which salescan drop before losses begin to be incurred. (T/F).