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Use the following information to compute the margin of safety as a percent of expected sales. Fixed costs $ 280,000 Expected sales $ 1,600,000 Contribution
Use the following information to compute the margin of safety as a percent of expected sales.
Fixed costs $ 280,000
Expected sales $ 1,600,000
Contribution margin ratio 20%
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College Accounting Chapters 1-26
Authors: Douglas J. McQuaig, Patricia A. Bille
6th Edition
0395796997, 978-0395796993
