Jean Simmons Company
Below Is an Income Statement for Jean $\$ 300,000$

Multiple Choice

Jean Simmons Company
Below is an income statement for Jean Simmons Company:
Sales                                                                         $\$ 300,000$
Variable costs                                                          $\underline{(150,000) }$
Contribution margin                                                  $150,000
Fixed costs                                                            $\underline{(100,000) }$
Profit before taxes                                                  $\underline{\$50,000}$

Refer to Jean Simmons Company.What was the company's margin of safety?

A) $50,000
B) $100,000
C) $150,000
D) $25,000