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The following is last month's contribution format income statement: Sales (12,000) Variable costs Contribution margin Fixed costs Net income Total $300,000 $225,000 $75,000 $56,000 $19.000

The following is last month's contribution format income statement: Sales (12,000) Variable costs Contribution margin Fixed costs Net income Total $300,000 $225,000 $75,000 $56,000 $19.000 What is the company's margin of safety expressed in sales dollars? A. $240,000 B. $ 76,000 C. $ 82,000 $ 56,000

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