Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Financial and Managerial Accounting (https://www.askmehelpdesk.com/showthread.php?t=711356)

  • Oct 23, 2012, 09:18 PM
    mannm
    Financial and Managerial Accounting
    Rick's Repair Shop has a monthly target operating income of $17,000. Variable costs are 60% of sales, and montly fixed costs are $8,000. Compute the monthly margin of safety in dollars if the shop achieves its income goal and express margin of safetly as a percentage of target sales.

  • All times are GMT -7. The time now is 11:57 AM.