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A company with a break-even point at $950,000 in sales revenue had fixed costs of $285,000. Actual sales were $1,300,000 variable costs were $910,000. Determine:

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A company with a break-even point at $950,000 in sales revenue had fixed costs of $285,000. Actual sales were $1,300,000 variable costs were $910,000. Determine: the margin of safety expressed in dollars $ the margin of safety expressed as a percentage of sales (round % to 1 decimal, i.e. 11.5) % the contribution margin ratio (round % to 1 decimal, i.e. 11.5) % the operating income $

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