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Large Companys breakeven was 8,000 units at a sales price of $25 per unit. Last year it generated sales of $300,000, contribution margin of $150,000
Large Companys breakeven was 8,000 units at a sales price of $25 per unit. Last year it generated sales of $300,000, contribution margin of $150,000 and income of $50,000. How much was its margin of safety in dollars?
Group of answer choices
$150,000
$50,000
$200,000
$100,000
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