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16. Rainbow Manufacturing has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs Fixed selling & administrative costs
16. Rainbow Manufacturing has the following data: Selling Price Variable manufacturing cost Fixed manufacturing cost Variable selling & administrative costs Fixed selling & administrative costs $140 $87 $250,000 $22 per month $188,000 per month If Rainbow Manufacturing has actuy monthly sales of $2,100,000 and desires an operating profit of $75,000 per month, what is the margin of safety in sales dollars? A. $250,000 B. $242,972 C. $154,299 D. $75,000
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