Samuel's Repair ShopSamuel's Repair Shop

has a monthly target operating income of

$ 30 comma 000$30,000.

Variable expenses are

4040?%

of? sales, and monthly fixed expenses are

$ 7 comma 500$7,500.

Read therequirements

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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.

rewuired 2