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Calculate the margin of safety

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Reference no: EM133141702

Question - SixthZ prepared the following contribution margin income statement based on a sales volume of 1,100 cornhole board sets:

Sales $104,500

Less: Variable Expenses $62,000

Contribution Margin $42,500

Less: Fixed Expenses $35,000

Net Operating Income $7,500

Calculate the margin of safety.

Reference no: EM133141702

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