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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, what
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.): $1,449,000 Sales (63,000 units) Costs: Direct materials Direct labor Fixed factory over head Variable factory overhead Fixed marketing costs Variable marketing costs Pretax income $713,800 241,800 109,000 151,800 111,800 51,800 1,380,000 69,000 Multiple Choice o $303,600 $151,800 0 0 $276,000 $345,000 $259,000
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