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Business, 04.04.2020 04:21 19cmulett

Light Me Up Lamps has variable expenses of 40% of sales and monthly fixed expenses of $240,000. The monthly target operating income is $60,000.
What is the monthly margin of safety as a percentage of target sales in dollars?

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Light Me Up Lamps has variable expenses of 40% of sales and monthly fixed expenses of $240,000. The...
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