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Corey Company Has a Margin of Safety Percentage of 20

question 82

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Corey Company has a margin of safety percentage of 20%. The break-even point is $200,000 and the variable costs are 45% of sales. Given this information, the operating profit is:


Definitions:

Vocal Tic

Involuntary sounds or noises such as throat clearing, grunting, or sniffing, often associated with Tourette syndrome.

Specific Learning Disorder

Disrupted or delayed development in a specific domain of cognition, such as reading.

Dyslexia

A learning disorder characterized by difficulties with accurate and/or fluent word recognition and by poor spelling and decoding abilities.

Language Disorder

A communication disorder characterized by difficulties with spoken and written language and other language modalities (e.g., sign language).

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