Business, 07.03.2020 00:40 brazilmade1

Repair Shop has a monthly target profit of $ 21 comma 000. Variable costs are 40 % of sales, and monthly fixed costs are $ 27 comma 000. Requirements 1. Compute the monthly margin of safety in dollars if the shop achieves its income goal. 2. Express Rodney's margin of safety as a percentage of target sales. 3. Why would Rodney's management want to know the shop's margin of safety?

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Repair Shop has a monthly target profit of $ 21 comma 000. Variable costs are 40 % of sales, and mon...

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