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ASAP PLS Jerry and Ben Corporation manufactures picnic tables and other custom outdoor furniture. The corporation has fixed costs of $500,000 and a contribution margin
ASAP PLS Jerry and Ben Corporation manufactures picnic tables and other custom outdoor furniture. The corporation has fixed costs of $500,000 and a contribution margin ratio of 40%. Currently, sales are $2,000,000. What is Jerry and Ben's margin of safety? Multiple Choice O O O O $1,250,000 $750,000 $2,500,000 $500,000
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