Homework Clinic
Social Science Clinic => Accounting => Topic started by: cabate on Jan 5, 2020
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Northern Electric Co-op has variable expenses of 25% of sales and monthly fixed expenses of $285,000. The monthly target operating income is $75,000.
What is the monthly margin of safety as a percentage of target sales in dollars at Northern Electric Co-op?
◦ 47.9
◦ 38.5
◦ 59.4
◦ 20.8
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20.8