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Question - Aspen Artifacts sells a single product. 7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs.
Required - What is the margin of safety, assuming 8,500 units are sold?
a. $85,000
b. $70,000
c. $65,000
d. $50,000
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