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Update Saved Help Save & Exit Submit TB MC Qu. 18-97 The budgeted income statement... The budgeted income statement presented below is for Burkett Corporation
Update Saved Help Save & Exit Submit TB MC Qu. 18-97 The budgeted income statement... The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year. If Burkett Corporation achieves the budgeted level of sales, what will be its margin of safety in dollars? (Do not round intermediate calculations.): $1,302,000 Sales (62,000 units) Costs: Direct materials Direct labor Fixed factory overhead Variable factory overhead Fixed marketing costs Variable marketing costs $597,700 241,300 106,500 151,300 111,300 51,300 1,259,400 Pretax income $ 42,600
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