Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 11 Jul 2017 My Price 3.00

percentage of target sales

Ronnie’s Repair Shop has a monthly target operating income of $12,000. Variable expenses are 70% of sales, and monthly fixed expenses are $9,000.

Required

1. Compute the monthly margin of safety in dollars if the shop achieves its income goal.

2. Express Ronnie’s margin of safety as a percentage of target sales.

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Jul 2017 10:07 PM My Price 3.00

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