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PLEASE HELP!! Crane Industries reported actual sales of $2,045,000 and fixed costs of $550,923. The contribution margin ratio is 30%. Compute the margin of safety
PLEASE HELP!! 
Crane Industries reported actual sales of $2,045,000 and fixed costs of $550,923. The contribution margin ratio is 30%. Compute the margin of safety in dollars and the margin of safety ratio. (Round margin of safety ratio to 1 decimal place, eg. 52.7.) Margin of safety in dollars $ Margin of safety ratio % Step by Step Solution
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Principles Of External Auditing
Authors: Brenda Porter, David Hatherly, Jon Simon
3rd Edition
0470018259, 9780470018255
