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Reynold's Repair Shop has a monthly target profit of $28,000 Variable costs are 80% of sales and monthly fixed costs are $12,000 Requirements 1. Compute

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Reynold's Repair Shop has a monthly target profit of $28,000 Variable costs are 80% of sales and monthly fixed costs are $12,000 Requirements 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal 2. Express Reynold's margin of safety as a percentage of target sales. 3. Why would Reynold's management want to know the shop's margin of safety? 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 Reynolds Repair Shop's monthly margin of safety in dollars - Margin of safety in dollars

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