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Randall's Repair Shop has a monthly target profit of $15,000 Variable costs are 75% of sales, and monthly fixed coosts are $10,000 Requirements 1. Compute
Randall's Repair Shop has a monthly target profit of $15,000 Variable costs are 75% of sales, and monthly fixed coosts are $10,000 Requirements 1. Compute the monthly margin of safety in dollars if the shop achieves its income goa! 2. Express Randalls margin of safety as a percentage of target sales 3. Why would Randall's management want to know the shop's margin of safety? Requirement 1. Compute the monthly margin of satety in dollars if the shop achieves its income goal Select the labels and enter the amounts to compute Randall's Repair Shop's monthly margin of safety in dollars
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