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Use the information below to answer the two questions that follow. A company sells children and adult books. Below are sales and cost data
Use the information below to answer the two questions that follow. A company sells children and adult books. Below are sales and cost data for both products: Children Adults Total Sales $400,000 $600,000 Variable Costs $100,000 $200,000 Fixed Expenses $210,000 Q) What is the company's margin of safety in sales dollar? ANS) $ Q) If sales were to increase to $1,400,000 (assuming relevant range), what would be the net operating income for the company? ANS) $1
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