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James Company has a margin of safety percentage of 20% based on its actual sales. The break-even point is $240,000 and the variable expenses are
James Company has a margin of safety percentage of 20% based on its actual sales. The break-even point is $240,000 and the variable expenses are 40% of sales. Given this information, the actual profit is: (Do not round intermediate calculations.) |
rev: 10_11_2014_QC_55986
$27,500
$28,800
$36,000
$19,200
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