Question: Question 27 (1 point) Foxtrot Company reports a contribution margin ratio of 40% and fixed costs of $175,000 for the year. Foxtrot budgets sales revenue

Question 27 (1 point) Foxtrot Company reports a contribution margin ratio of 40% and fixed costs of $175,000 for the year. Foxtrot budgets sales revenue of $600,000 on the year. Calculate the margin of safety in revenue dollars for Foxtrot Company given this information $162,500 $210,000 $600,000 $87,250

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