|
The following information pertains to Clove Co.: |
| Budgeted sales | $1,180,000 |
| Breakeven sales | $ 520,000 |
| Budgeted contribution margin | $ 420,000 |
|
Clove’s margin of safety is: |
| $760,000 | |
| $860,000 | |
| $620,000 | |
| $660,000 |
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