Label Corp.recorded sales of $2,235,245.The company's breakeven is $1,650,000 and margin of safety is 27%.What sales are needed to increase Label Corp.'s margin of safety ratio to 38%?
A) $2,277,000.
B) $2,661,290.
C) $2,932,640.
D) $3,024,050.
Solve: (X-$1,650,000) /X = .38;X = $2,661,290
Correct Answer:
Verified
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