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(28) A company reported the following data: 口 Sales Variable operating costs $240,000 (20,000 units) $80,000 Contribution margin Fixed operating costs What is this company's margin of safety in sales dollars using these data? $160,000 $48,000 $118,000 O $128,000 $168,000 $198,000

(28) A company reported the following data: 口 Sales Variable operating costs $240,000 (20,000 units) $80,000 Contribution margin Fixed operating costs What is this company's margin of safety in sales dollars using these data? $160,000 $48,000 $118,000 O $128,000 $168,000 $198,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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(28) A company reported the following data: 口 Sales Variable operating costs $240,000 (20,000 units) $80,000 Contribution margin Fixed operating costs What is this company's margin of safety in sales dollars using these data? $160,000 $48,000 $118,000 O $128,000 $168,000 $198,000
Transcribed Image Text:(28) A company reported the following data: 口 Sales Variable operating costs $240,000 (20,000 units) $80,000 Contribution margin Fixed operating costs What is this company's margin of safety in sales dollars using these data? $160,000 $48,000 $118,000 O $128,000 $168,000 $198,000
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