1. The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation achieves the budgeted level of sales, what will be its margin of safety in dollars? (Do not round intermediate calculations.):

   Sales (50,000 units)				$	1,000,000
   Costs:
   Direct materials	$	270,000
   Direct labor		240,000
   Fixed factory overhead		100,000
   Variable factory overhead		150,000
   Fixed marketing costs		110,000
   Variable marketing costs		50,000			920,000
   Pretax income				$	80,000

   		$313,200.
   		$172,414.
   		$266,800.
   		$150,000.
   		$275,862.