Ricky's repair shop has a monthly target profit of $ 28,000. variable costs are 80 % of sales, and monthly fixed costs are $ 12,000. requirements 1. compute the monthly margin of safety in dollars if the shop achieves its income goal. 2. express ricky's margin of safety as a percentage of target sales.

 Margin of Safety(MOS) in dollars= $1,40,000

Margin of Safety(MOS) as a percentage of target sales = 70%

Explanation:

Given:

Target profit = $28000

Variable costs = 80 % of sales

Contribution = 20 % of sales

Fixed Costs = $12000

Required sales in units =

Using the given in above formula;

Required sales in dollars =

=$60000

Target sales =

Target sales = $200000

Margin of Safety(MOS) in dollars = Target Sales - Break-even point sales

Margin of Safety(MOS) in dollars = $200000 - $60000 = $140000

Margin of Safety(MOS) as a percentage of target sales =

=70%

answer; ///the correct answer is (ftc) federal trade commission;

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi