TB MC Qu. 18-97 The budgeted income statement... The budgeted income statement presented below is...
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TB MC Qu. 18-97 The budgeted income statement... The budgeted income statement presented below is for Burkett Corporation for the coming fiscal year . If Burkett Corporation achieves the budgeted level of sales, what will be its margin of safety in dollars? (Do not round intermediate calculations.): $1,430,000 Sales (65,000 units) Costs: Direct materials Direct labor Fixed factory overhead Variable factory overhead Fixed marketing costs Variable marketing costs $555,000 242,000 110,000 152,000 112,000 52,000 1,223,000 $ 207,000 Pretax income Multiple Choice $173,333. $491,100. $690,000. $366,900. $152,000
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