Compute the margin of safety in dollars

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Question - Oakbrook, Inc. reported actual sales of $2,000,000, and fixed costs of $350,000. The contribution margin ratio is 25%. Compute the margin of safety in dollars and the margin of safety ratio.

Reference no: EM133128387

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Compute the margin of safety in dollars : Oakbrook, Inc. reported actual sales of $2,000,000, and fixed costs of $350,000. Compute the margin of safety in dollars and the margin of safety ratio
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