Ronnie's Repair Shop has a monthly target operating income of $40,000. Variable expenses are 60% of sales, and monthly fixed expenses are $10,000. Hint: The contribution margin ratio - 100%- Variable expenses percentage of sales Read the requirements Requirement 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal Begin by identifying the formula to compute the margin of safety Target sales in dolar Breakeven sales in dollars Margin of safety in dollars (Round intermediate calculations up to the nearest whole dollar and your final answer to the nearest whole doilar.) The margin of safety in