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A company sells bags. Next months budget is as follows: Selling Price = $50/bag Variable Expenses per unit= $25/bag Total Fixed Expenses for one month

A company sells bags. Next months budget is as follows: Selling Price = $50/bag Variable Expenses per unit= $25/bag Total Fixed Expenses for one month = $10,000/month Volume of Bag Sales = 1,000 bags Based on the company's budgeted sales, what is the companys Margin of Safety in dollars?

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