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Corey Company has a margin of safety percentage of 20%. The break-even point is $200,000 and...

Corey Company has a margin of safety percentage of 20%. The break-even point is $200,000 and the variable costs are 45% of sales. Given this information, the operating profit is:

Multiple Choice

  • $22,500.

  • $27,500.

  • $22,000.

  • $18,000.

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