Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $510,000. The contribution margin ratio is 30%. Compute the margin of safety in dollars and the margin of safety ratio.

Cunningham Industries reported actual sales of $2,000,000, and fixed costs of $510,000. The contribution margin ratio is 30%. Compute the margin of safety in dollars and the margin of safety ratio. Margin of safety in dollarss Margin of safety ratio