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Pretty Pictures Co. has a monthly target operating income of $7,500. Variable...

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Question

Accounting

Pretty Pictures Co. has a monthly target operating income of $7,500. Variable expenses are 60% of sales and monthly fixed expenses are $1,720. What is the monthly margin of safety as a percentage of target
sales in dollars?
A.81.34%
B.11866%
C.40%
D.43605%
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