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Golebiewski Corporation has provided the following contribution format income statement. Assume that ...

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Golebiewski Corporation has provided the following contribution format income statement. Assume that ...

Golebiewski Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.

Sales (5,000 units)	$ 150,000
Variable expenses	112,500
Contribution margin	37,500
Fixed expenses	35,250
Net operating income	$ 2,250

The margin of safety in dollars is closest to:

▸ $2,250

▸ $9,000

▸ $35,250

▸ $37,500

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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