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Current Attempt in Progress Blossom Industries reported actual sales of $ 2 , 0 8 0 , 0 0 0 and fixed costs of $

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Blossom Industries reported actual sales of $2,080,000 and fixed costs of $554,112. The contribution margin ratio is 30%.
Compute the margin of safety in dollars and the margin of safety ratio. (Round margin of safety ratio to 1 decimal place, e.g.52.7.)
Margin of safety in dollars
$
enter a dollar amount
Margin of safety ratio
enter percentages rounded to 1 decimal place
% Answer only

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