Margin of safety as a percentage of sales

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Reference no: EM13755152

Hartman Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the margin of safety as a percentage of sales?

A) 6%

B) 25%

C) 33%

D) 50%

E) 75%

Reference no: EM13755152

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