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Panther Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (5,000 units) $250,000 Variable

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Panther Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (5,000 units) $250,000 Variable expenses 152,500 Contribution margin 97,500 Fixed expenses 79,950 Net operating $17,550 income Required: a. What is the margin of safety in dollars? 1

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