Question: E - M: 4 - 4 3 Computing margin of safety Robbie s Repair Shop has a monthly target profit of $ 3 1 ,

E-M:4-43 Computing margin of safety Robbies Repair Shop has a monthly target profit of $31,000. Variable costs are 20% of sales, and monthly fixed costs are $19,000. Requirements 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal. 2. Express Robbies margin of safety as a percentage of target sales. 3. Why would Robbies management want to know the shops margin

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