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12. Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $224,400 and the variable expenses
12.
Arthur Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $224,400 and the variable expenses are 45% of sales. Given this information, the actual profit is: (Do not round your intermediate calculations.) a) $59,840 b) $41,140 c) $11,220 d) $30,855 |
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