Question
Light Me Up Lamps has variable expenses of 40% of sales and monthly fixed expenses of $240,000 . The monthly target operating income is $60,000.
Light Me Up Lamps has variable expenses of 40% of sales and monthly fixed expenses of $240,000 . The monthly target operating income is $60,000. What is the monthly margin of safety as a percentage of target sales in dollars?
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SAP S/4 HANA For Financial Accounting Associates SAP Certified Application Associate
Authors: D Jacobs ,S Matiana
1st Edition
1545316171, 978-1545316177
