EM Sales had $2,200,000 in sales last month.The contribution margin ratio was 30% and operating profits were $180,000.What is EM's margin of safety?
A)$480,000
B)$600,000
C)$2,020,000
D)Cannot determine with the information given.

Question

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The Answer of EM Sales had $2,200,000 in sales last month.The contribution margin ratio was 30% and operating profits were $180,000.What is EM's margin of safety?
A)$480,000
B)$600,000
C)$2,020,000
D)Cannot determine with the information given.

EM Sales Had $2,200,000 in Sales Last Month