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For Korb Company, actual sales are $1,162,500 and break-even sales are $883,500. Calculate the margin of safety in dollars and the margin of safety ratio.
For Korb Company, actual sales are $1,162,500 and break-even sales are $883,500. Calculate the margin of safety in dollars and the margin of safety ratio.
Margin of safety in dollars
$
Margin of safety ratio
%
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College Accounting Chapters 1-13
Authors: John Price
14th Edition
007763991X, 9780077639914
