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

Accounting

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 as a percentage of target sales in dollars?

A) 120.00%

B) 40.00%

C) 80.00%

D) 400.00%

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