Question
Terry's shop has a monthly target operating income of $12,000. variable expenses are 70% of sales, and monthly fixed expenses are $9,000. What is the
Terry's shop has a monthly target operating income of $12,000. variable expenses are 70% of sales, and monthly fixed expenses are $9,000.
What is the margin of saftey in dollars?
the margin of saftey percentage is (what) % of target sales??
what is the operating leverage factor?
if volume decreases by 8%, operating income will decrease how much %??
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The Practice Of Modern Internal Auditing
Authors: Lawrence B Sawyer
2nd Edition
0894130927, 978-0894130922
