Homework answers / question archive / Matthew's Fish Fry has a monthly target operating income of $7,200

Matthew's Fish Fry has a monthly target operating income of $7,200

Accounting

Share With

Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sales and monthly fixed expenses are $1,800. What is the monthly margin of safety in dollars if the business achieves its operating income goal?

A) $22,500

B) $18,000

C) $27,000

D) $13,500