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The Smith Corporation has the following data for 2011:
-The margin of safety expressed in sales revenue will be
Service Department Costs
Costs incurred by departments that do not directly generate revenue, but support those that do.
Operating Departments
Units within an organization directly involved in producing goods or providing services, as opposed to administrative divisions.
Personnel Costs
Expenses related to the compensation of employees, including salaries, benefits, and taxes.
Information Technology
The use of computers, networks, and other physical devices to create, process, store, secure, and exchange all forms of electronic data.
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