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Irwin Corporation has fixed costs of $20,000 and a contribution margin ratio of 40%. Currently, margin of safety is $35,000. What are Irwin's current sales?

Irwin Corporation has fixed costs of $20,000 and a contribution margin ratio of 40%. Currently, margin of safety is $35,000. What are Irwin's current sales? Question 24 options: a) $85,000 b) $37,500 c) $50,000 d) $35,000

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