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Horngren's Financial & Managerial Accounting (6th Edition) Chapter 20, Problem 34E Computing margin of safety Robbie's Repair Shop has a monthly target profit of $31,000.

Horngren's Financial & Managerial Accounting (6th Edition) Chapter 20, Problem 34E

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Computing margin of safety Robbie's Repair Shop has a monthly target profit of $31,000. Variable costs are 20% of Sales, and monthly fixed costs are $19,000. Requirements 1. Compute the monthly margin of Safety in dollars if the shop achieves its income goal. 2.Express Robbie's margin of safety, as a percentage of margin Sales. a. wy woud Raotole's mspmargin d sey

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