The Blue Saints Band is holding a concert in Toronto. Fixed costs relating to staging a concert are $350,000 . Variable costs per patron are $5.00 . The selling price for a tickets $25.00 . The Blue Saints Band has sold 24,00 . tickets so far. At the current level of sales, what is the margin of safety in dollars?
a. $162,500
b. $112,500
c. $180,000
d. $115,000
a
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