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 in sales dollars?
A) $200,000.
B) $300,000.
C) $500,000.
D) Cannot determine with the information given.
Correct Answer:
Verified
Correct Answer:
Verified
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