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The following monthly data are available for the Art Company and its only product: Unit selling price =$36 Unit variable expenses =$28 Total fixed expenses

  1. The following monthly data are available for the Art Company and its only product:
  • Unit selling price =$36
  • Unit variable expenses =$28
  • Total fixed expenses =$51,000
  • Actual sales for the month of March =7,000 units

The margin of safety in dollars for the company during March was:

$12,000

$22,500

$ 5,000

$15,000

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