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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
- 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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