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QUESTION
Business and finance: What is Swimkids's margin of safety (in dollars)?
Swimkids is a swimsuit manufacturer. They sell swim suits at a selling price is $30 per unit. Swimkids variable costs are $18 per unit. Fixed costs are $89,000. Swimkids expects sales of $287,900 next year. What is Swimkids's margin of safety (in dollars)?
