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(TCO 6)The following pertains to Clove Co. for the year ending December 31, 2008: Budgeted sales $1,000,000 Break-even sales $700,000 Budgeted contribution margin $600,000 Cashflow

(TCO 6)The following pertains to Clove Co. for the year ending December 31, 2008:

Budgeted sales

$1,000,000

Break-even sales

$700,000

Budgeted contribution margin

$600,000

Cashflow breakeven

$200,000

Clove's margin of safety is: (Points : 4)
$300,000.

$400,000.

$500,000.

$800,000

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