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Question 3 The following monthly data in contribution format are available for the Timor Company and its only product. The company produced and sold 2,500

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Question 3 The following monthly data in contribution format are available for the Timor Company and its only product. The company produced and sold 2,500 units during the month and had no begiry or ending inventories: a) What is the current margin of safety? b) Management is concerned about having the funds to pay dividends next quarter. They believe net pperating income of $35,000 will be sufficient. How much sales revenue is necessary to achieve this target rofit

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