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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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