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A company's contribution format income statement for last month is given below: Sales (43,000 units X $26 per unit) Variable expenses Contribution margin Tixed expenses

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A company's contribution format income statement for last month is given below: Sales (43,000 units X $26 per unit) Variable expenses Contribution margin Tixed expenses Net operating income $1,118,000 782,600 335.400 268,320 $ 67,080 The company considers renovating its operations by purchasing a new machine that would reduce variable expenses by $780 per unit. However, fed expenses would increase to a total of 5603720 each month. Using the new machine would not cause a change in monthly sales quantity or price per unit. What would the company's margin of safety in dollars beft purchases and uses the new machine

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