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Find what is the company margin of safety

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Reference no: EM132770114

Problem 1: Cross Creek Company sells concrete culverts. Currently, the company's sales revenue is $1170000, variable costs total $585000, and fixed costs total $390000. If Cross Creek's controller has calculated the company's breakeven point to be $775100, what is the company's margin of safety?

Option 1: $19500
Option 2: $394900
Option 3: $195000
Option 4: $580100

Reference no: EM132770114

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