Baldwin's Bagel Shop Had the Following Activity for December: Total

question 61

Multiple Choice

Baldwin's Bagel Shop had the following activity for December: Total bagels sold 17,000
Total revenues $595,000
Total fixed costs 99,000
Total variable costs 357,000
What was Baldwin's margin of safety, in dollars?

• A) $430,000
• B) $247,500
• C) $347,500
• D) $357,000

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