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40. Jerome Corp. has fixed costs of $128,000 and a contribution margin ratio of 20%. Currently, sales are $760,000. What is Jerome's margin of safety

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Jerome Corp. has fixed costs of $128,000 and a contribution margin ratio of 20%. Currently, sales are $760,000. What is Jerome's margin of safety Multiple Choice $896,000 $1,024,000 $120,000 $256,000

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