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KR Sales Had $1,200,000 in Sales Last Month

Question 30

Multiple Choice

KR Sales had $1,200,000 in sales last month.The variable cost ratio was 60% and operating profits were $80,000.What is KR's margin of safety?

A) $200,000
B) $300,000
C) $500,000
D) Cannot determine with the information given.

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