Use the Information Below to Answer the Following Question(s)

question 64

Multiple Choice

Use the information below to answer the following question(s) .
Ava's Fruit Cups has a monthly target operating income of $5,425. Variable expenses are 30% of sales and monthly fixed expenses are $9,800.
-What is the monthly margin of safety as a percentage of sales if Ava's Fruit Cups achieves its operating income goal?

• A) 35.6%
• B) 55.4%
• C) 142.8%
• D) 50.9%

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Definitions:

Statistically Significant

A term denoting that the results observed in a study are unlikely to have occurred by chance, indicating a meaningful difference or relationship.

Mentorship Programs

Structured relationships or systems designed to facilitate guidance and learning from experienced individuals to less experienced persons.

Academic Achievement

A measure of the academic progress an individual has made through courses of study and training.

Independent Variable

The variable in an experiment that is manipulated or changed to test its effects on the dependent variable.