Dejounte Corp had a margin of safety of $108,503 last month, with sales revenue of $819,291 and fixed costs of $334,301. How much profit did Murray earn last month? Do not round the intermediate steps.

Dejounte Corp had a margin of safety of $108,503 last month, with sales revenue of $819,291 and fixed costs of $334,301. How much profit did Murray earn last month? Do not round the intermediate steps.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 20MC: Wallace Industries has total contribution margin of $58,560 and net income of $24,400 for the month...

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Dejounte Corp had a margin of safety of $108,503 last month, with sales revenue of $819,291 and fixed costs of $334,301.
How much profit did Murray earn last month? Do not round the intermediate steps.

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