What is the company margin of safety in dollars

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Reference no: EM132529417

The following is last month's contribution format income statement:

Sales (15,000 units)$1,500,000

Less variable expenses 900,000

Contribution margin600,000

Less fixed expenses 500,000

Net income $100,000

Question 1 : What is the company's margin of safety in dollars?

Reference no: EM132529417

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