Required: Compute the Margin of Safety for the year. Q1 Q1 Q2 Sales $ 300,000...
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Required: Compute the Margin of Safety for the year. Q1 Q1 Q2 Sales $ 300,000 $ 500,000 Q4 $425,000 $ 125,000 Year $ 1,350,000 Total cost $ 270,000 $ 400,000 $ 351,250 $ 156,250 $ 1,177,500 Net income $ 30,000 $ 100,000 $ 73,750 $ (31,250) $ 172,500 O None of the other answers are correct O $857,143 $243,375 O $1,552,500 $492,857
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