19 Not ye Markaid out of 600 Plag question Daryl's Anything for a Buck is...
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19 Not ye Markaid out of 600 Plag question Daryl's Anything for a Buck is a dollar store. It reported the following results for the month of August Sales (100.000 units) Variable costs $100,000 30.000 Contribution margin 70,000 Fixed costs 49.000 $21.000 Operating income Daryl is concerned the slowdown in the economy will have a negative impact on sales. To add to Dary's concerns, his landlord is looking to Increase his monthly rent by $1.000. Instructions a) What was Daryf's margin of safety for August? b) What would Dary's operating income be if the rent increase does occur, and sales fall by 10%
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