Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sal

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Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sal

Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sales and monthly fixed expenses are $1,800. What is the monthly margin of safety as a percentage of target sales in dollars?
A) 80.00%
B) 400.00%
C) 120.00%
D) 40.00%

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Managerial Accounting

Edition: 4^th

Author: Braun

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bernie2981 Author

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8 years ago

Answers my question perfectly.

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