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The following information is for Nichols Company: contribution margin ratio =39% Total fixed costs $171,600 Expected sales are $870,000 What is the margin of safety

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The following information is for Nichols Company: contribution margin ratio =39% Total fixed costs $171,600 Expected sales are $870,000 What is the margin of safety in dollars? Question 4 What is the margin of safety percentage if Expected sales 15,000 Breakeven sales 11,000 Give answer a decimal! 15%=.15

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