Sales Forecast: $150,000; Variable Costs: $90,000; Fixed Costs: $30,000 Requirements : Prepare a budgeted contribution margin income
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Question:
- Sales Forecast: $150,000; Variable Costs: $90,000; Fixed Costs: $30,000
- Requirements:
- Prepare a budgeted contribution margin income statement.
- Calculate the margin of safety in dollars.
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