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The following monthly data are available for Marketplace, Inc. which produces only one product which it sells for $22 each. Its unit variable costs are
The following monthly data are available for Marketplace, Inc. which produces only one product which it sells for $22 each. Its unit variable costs are $9, and its total fixed expenses are $9,100. Actual sales for the month of May totalled 4,000 units. How much is the margin of safety for the company for May?
$72,600
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$42,600
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$71,600
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Cannot be determined
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