Homework Clinic
Social Science Clinic => Accounting => Topic started by: imowrer on Jan 5, 2020
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Hartville Kitchens has a monthly target operating income of $18,000. Variable expenses are 25% of sales and monthly fixed expenses are $12,000.
What is the monthly margin of safety as a percentage of target sales in dollars at Hartville Kitchens?
◦ 75%
◦ 60%
◦ 150%
◦ 140%
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60%