The margin of safety in the Flaherty Company is $24,000. If the company's sales are $120,000 and its variable expenses are $80,000, what must its fixed expenses be? Multiple Choice $8,000 $32.000 $24,000 $16.000 HP Sve Wallace, Inc., prepared the following budgeted data based on a sales forecast of $6,000,000: Fixed Direct materials Direct labour Factory overhead Selling expenses Administrative expenses Total Variable $1,600,000 1,400,000 600,000 240,000 60,000 $3,900,000 $900,000 360,000 140,000 $1,400,000 What would be the amount of sales dollars at the break-even point? Multiple Choice $2,250,000. $3,500,000 $4,000,000 $5,300,000 Help ! Required Information [The following information applies to the questions displayed below.) Oslo Company prepared the following contribution format Income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): $ 24,500 13,500 Sales Variable expenses Contribution margin Fixed expenses 11,000 7,700 Net operating income $ 3,300 10. How many units must be sold to achieve a target profit of $7,150? (Do not round intermediate calculations.) Number of units *** Savad Help Se Required Information [The following information applies to the questions displayed below) Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses $ 24,500 13,500 Contribution margin Fixed expenses 11,000 7,700 Net operating income $ 3,300 11-a. What is the margin of safety in dollars? (Do not round intermediate calculations.) Margin of safety 11-b. What is the margin of safety percentage? (Round your final answers to the nearest whole percentage (1.0, 12 should be entered as 12).) % Margin of safety