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Hagrid & Co. reported actual sales of $2,000,000, and fixed costs of $375,000. The contribution margin ratio is 30%. Compute the margin of safety in

Hagrid & Co. reported actual sales of $2,000,000, and fixed costs of $375,000. The contribution margin ratio is 30%.

Compute the margin of safety in dollars.

Provide numerical response only, no comma or dollar sign needed.

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