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how do you solve The following is last month's contribution format income statement: Sales (15,000 units)$1,500,000Less variable expenses 900,000 Contribution margin600,000Less fixed expenses 500,000 Net
how do you solve
The following is last month's contribution format income statement:
Sales (15,000 units)$1,500,000Less variable expenses900,000Contribution margin600,000Less fixed expenses500,000Net income$100,000
What is the company's margin of safety in dollars?
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