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Assume the following (1) Total sales = $131,000 (2) the contribution margin ratio = 40%, and (3) total fixed expenses = $45,000. Given these three
Assume the following (1) Total sales = $131,000 (2) the contribution margin ratio = 40%, and (3) total fixed expenses = $45,000. Given these three assumptions, the margin of safety is:
$27,000.
$105,000.
$18,500.
$63,000.
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