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5. (10 points) Fisher Lamps has variable costs of 40% of sales and monthly fixed $240,000. The monthly target operating income is $60,000. What is

5. (10 points) Fisher Lamps has variable costs of 40% of sales and monthly fixed $240,000. The monthly target operating income is $60,000. What is the monthly margin of safety as a percentage of target sales in dollars? Answer: Sp - -VC = 59960

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