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11) Grimes Foods produces a gourmet salsa which sells for $28 per unit. Variable costs are $8 per unit, and fixed costs are $7,000 per
11) Grimes Foods produces a gourmet salsa which sells for $28 per unit. Variable costs are $8 per unit, and fixed costs are $7,000 per month. If Grimes expects to sell 1,500 units, compute the margin of safety in dollars. A) $9,200 B) $30,000 C) $32,200 D) $23,000
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