Please help me with this problem given the requirements and the data below

E7-34A (similar to) Fosters Repair Shop has e monthly target operating income of 825,000. Variable expenses are 50% of sales, and monthly fixed expenses are "500. Read the cegu&ments- Requirement 1. Compute the monthly margin ot safety in dollars f the shop achieves its income goal Begin by identifying the formula to compute the margin of safety Choose from any drop-down list and then click Check Answer remaining x Margin of safety in dollars 2. 3. 4. Requirements Compute the monthly margin ot safety in dollars f the shop achieves its income goal. Express Fosters margin of safety as a percentage of target sales. What is Fosters operating leverage factor at the target level ot operating income? Assume that the company reaches its target ay what percentage will the company's operating income fall f sales volume declines by 15%? print Done Clear Question Help Check Answer