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Reggie's Repair Shop has a monthly target profit of $19, 500. Variable costs are 75% of sales, and monthly fixed costs are $13, 000. Requirements
Reggie's Repair Shop has a monthly target profit of $19, 500. Variable costs are 75% of sales, and monthly fixed costs are $13, 000. Requirements Compute the monthly margin of safety in dollars if the shop achieves its income goal. Express Reggie's margin of safety as a percentage of target sales. Requirement 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal. Select the labels and enter the amounts to compute Reggie's Repair Shop's monthly margin of safety in dollars. Margin of safety in dollars Requirement 2. Express Reggie's margin of safety as a percentage of target sales. (Enter your answer as a whole percent.) The margin of safety as a percentage of target sales is: | |%
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