The budgeted income statement presented below is for Burkett Corporation

Kent Manufacturing produces a product that sells for $60.00
August 30, 2020
Riggs Corporation has the following balance sheet information at December 31, 2016.
August 30, 2020

The budgeted income statement presented below is for Burkett Corporation
for the coming fiscal year. If Burkett Corporation is able to achieve the budgeted level of sales, its margin of safety in dollars would be (Do not round intermediate calculations.):
Sales (62,000 units) $1,302,000
Costs:
Direct materials $597,700
Direct labor 241,300
Fixed factory overhead 106,500
Variable factory overhead 151,300
Fixed marketing costs 111,300
Variable marketing costs 51,300 1,259,400
Pretax income $42,600

 
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