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Ivanhoe, Inc. reported actual sales of $2,030,000 and fixed costs of $365,400. The contribution margin ratio is 25%. Compute the company's margin of safety in
Ivanhoe, Inc. reported actual sales of $2,030,000 and fixed costs of $365,400. The contribution margin ratio is 25%. Compute the company's margin of safety in dollars and the margin of safety ratio. Margin of safety in sales dollars Margin of safety ratio SA 9555 22 5950 35 600000 30 %
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