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The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation achieves the budgeted level of sales,
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? Sales (50,000 units). Costs: Direct materials Direct labor Fixed factory overhead Variable factory overhead Fixed marketing costs. Variable marketing costs Income Multiple Choice $172,420. $150,000. $262,500. $275,862. $310,115. $ 1,000,000 $ 270,000 240,000 100,000 150,000 110,000 50,000 920,000 $ 80,000
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