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