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Question 1 Required: Compute the Margin of Safety for the year. Q1 Q1 Q2 Q4 Year $ $ $ $ Sales 15 pts 300,000

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Question 1 Required: Compute the Margin of Safety for the year. Q1 Q1 Q2 Q4 Year $ $ $ $ Sales 15 pts 300,000 500,000 425,000 125,000 1,350,000 $ $ $ $ Total cost 270,000 400,000 351,250 156,250 1,177,500 Net $ $ $ $ $ income 30,000 100,000 73,750 (31,250) 172,500 $492,857 $243,375 $857,143 $1,552,500 None of the other answers are correct

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