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Units sold 1,070 Price $ 10 Sales $ 10,700 Variable manufacturing costs 4,280 Fixed manufacturing costs 2,140 Variable selling costs 1,070 Fixed administrative costs 1,070

Units sold 1,070
Price $ 10
Sales $ 10,700
Variable manufacturing costs 4,280
Fixed manufacturing costs 2,140
Variable selling costs 1,070
Fixed administrative costs 1,070

Required:

Using the data provided, compute the margin of safety and margin of safety ratio.

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