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Chicago Co. is considering the production and sale of a new product with the following sales and cost data: unit sales price, $300; unit variable
Chicago Co. is considering the production and sale of a new product with the following sales and cost data: unit sales price, $300; unit variable costs, $180; total fixed costs, $270,000; and projected sales, $900,000. What is the margin of safety In dollar sales and as a percent of sales?
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