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he sales and cost data for two companies in the transportation industry are as follows: X Company Y Company Amount Percent Amount Percent Sales $
he sales and cost data for two companies in the transportation industry are as follows:
| X Company | Y Company | ||||||||||||
| Amount | Percent | Amount | Percent | ||||||||||
| Sales | $ | 120,000 | 100 | $ | 120,000 | 100 | |||||||
| Variable costs | 72,000 | 60 | 36,000 | 30 | |||||||||
| Contribution margin | 48,000 | 40 | 84,000 | 70 | |||||||||
| Fixed costs | 36,000 | 72,000 | |||||||||||
| Operating income (B) | $ | 12,000 | $ | 12,000 | |||||||||
Y Company's margin of safety (MOS) in sales dollars (rounded) is:
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Sarbanes Oxley And The New Internal Auditing Rules
Authors: Robert R. Moeller
1st Edition
0471483060, 978-0471483069
