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The sales and cost data for Monet Company in the transportation industry were as follows: Amount Sales $120,000 Variable Costs (72,000) Contribution Margin 48,000 Fixed

The sales and cost data for Monet Company in the transportation industry were as follows: Amount Sales $120,000 Variable Costs (72,000) Contribution Margin 48,000 Fixed Costs (36,000) Operating Income 12,000

Monet's margin of safety ratio is:

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