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Fontaine Corp. has a selling price of $16 and variable costs of $8.80 per unit. When 11,000 units are sold, profits equaled $36,900. What is

Fontaine Corp. has a selling price of $16 and variable costs of $8.80 per unit. When 11,000 units are sold, profits equaled $36,900. What is the margin of safety?

Multiple Choice

  • $84,600

  • $124,900

  • $36,900

  • $82,000

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