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Sheridan Industries reported actual sales of $2,010,000 and fixed costs of $538,479. The contribution margin ratio is 30%. Compute the margin of safety in dollars

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Sheridan Industries reported actual sales of $2,010,000 and fixed costs of $538,479. The contribution margin ratio is 30%. Compute the margin of safety in dollars and the margin of safety ratio. (Round margin of safety ratio to 1 decimal ploce, es. 52.7. ) Margin of safety in dollars $ Margin of safety ratio %

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