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Patriot Corp has the following contribution format income statement. (Assume all information is within relevant range) What is the Margin of safety in sales
Patriot Corp has the following contribution format income statement. (Assume all information is within relevant range) What is the Margin of safety in sales dollars? (select closest answer) $40,000 $39,200 $68,780 $79,990 Sales (10,000 units) $380,000 Variable expenses 190,000 Contribution Margin 190,000 Fixed Expenses 150,000 Net Operating income $ 40,000
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