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Fancy Furniture has variable expenses of 40% of sales and monthly fixed expenses of $240,000

Accounting

Fancy Furniture has variable expenses of 40% of sales and monthly fixed expenses of $240,000. The monthly target operating income is $60,000. What is the monthly margin of safety in dollars if Fancy Furniture achieves its operating income goal?

A) $100,000

B) $900,000

C) $500,000

D) $(300,000)

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