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Author Question: Hartville Kitchens has a monthly target operating income of $18,000. Variable expenses are 25% of ... (Read 290 times)

imowrer

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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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Marked as best answer by imowrer on Jan 5, 2020

heyhey123

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imowrer

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Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review


anyusername12131

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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