Matthew's Fish Fry Has a Monthly Target Operating Income of $6600

question 82

Multiple Choice

Matthew's Fish Fry has a monthly target operating income of $6600. Variable expenses are 80% of sales and monthly fixed expenses are $840. What is the monthly margin of safety in dollars if the business achieves its operating income goal?

• A)$37,200
• B)$33,000
• C)$41,400
• D)$29,760

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Definitions:

Hypnosis

A trance-like state of focused attention, reduced peripheral awareness, and an enhanced capacity for response to suggestion.

Hypnotized

A state of highly focused attention or concentration, often associated with relaxation and heightened suggestibility.

Accuracy

In the context of information and measurement, accuracy refers to the closeness of a given measurement or value to its true value.

Dissociation

A split in consciousness in which one part of the mind operates independently of others.