Junck Company has sales of $ 550,000, and the breakeven point in sales dollars is $ 385,000.

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Junck Company has sales of $ 550,000, and the breakeven point in sales dollars is $ 385,000. Determine the company’s margin of safety as a percent of current sales.

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Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: Jun 27, 2014 02:45 AM

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Junck Company has sales of $ 550,000, and the breakeven point in sales dollars is $ 385,000.

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Financial and Managerial Accounting

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