For Kosko Company actual sales are $1,200,000 and break-even sales are $960,000. Compute (a) The margin of
Question:
For Kosko Company actual sales are $1,200,000 and break-even sales are $960,000. Compute
(a) The margin of safety in dollars and
(b) The margin of safety ratio.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
a b Margin of safe...View the full answer
Answered By
Felix Mucee
I am a detailed and thorough professional writer with 5 years of administrative experience- the last 2 years in academic writing and virtual office environment. I specialize in delivering quality services with respect to strict deadlines and high expectations. I am equipped with a dedicated home office complete with a computer, copier/scanner/fax and color printer.
I provide creative and detailed administrative, web search, academic writing, data entry, Personal assistant, Content writing, Translation, Academic writing, editing and proofreading services. I excel at working under tight deadlines with strict expectations. I possess the self-discipline and time management skills necessary to have served as an academic writer for the past five years. I can bring value to your business and help solve your administrative assistant issues.
4.70+
13+ Reviews
33+ Question Solved
Related Book For
Managerial Accounting Tools for business decision making
ISBN: 978-1118096895
6th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Question Posted:
Students also viewed these Managerial Accounting questions
-
For Gore Company actual sales are $1,200,000 and break-even sales are $840,000. Compute (a) The margin of safety in dollars (b) The margin of safety ratio.
-
For Westerville Company actual sales are $1,200,000 and break-even sales are $900,000. Compute (a) The margin of safety in dollars (b) The margin of safety ratio.
-
The margin of safety tells managers How much profit would drop if sales decreased. How much profit would have to increase to hit target sales. How much sales would have to increase to hit the target...
-
Consider the pistoncylinder arrangement shown in the sketch below. The gas forces on each side of the piston, assuming there are no frictional forces at the pistoncylinder interface, balance the...
-
List the types of authorizations in the human resources and payroll cycle, and state the type of misstatement that is increased when each authorization is lacking.
-
How does Harsha Walia define "border imperialism" and how does her analyzation of border imperialism in the essay/article "Not a Border Crisis: Harsha Walia on Why It's Time for a New Political...
-
Describe how to strategically select, prioritize, and resource projects.
-
Kelm Company purchased a new machine on October 1, 2010, at a cost of $120,000.The company estimated that the machine will have a salvage value of $12,000. The machine is expected to be used for...
-
a)Provide an example of a Cross Site Scripting (XSS) attack. Include an explanation of the differences between stored and reflective XSS attacks. b)Provide an example of a SQL Injection attack. Why...
-
This is a question from "Starting out with Python" by Tony Gaddis Chapter 8, question number 14, titles "Gas Prices" has anyone solved this? In the student sample program files for this chapter, you...
-
For Ortega Company, variable costs are 60% of sales, and fixed costs are $210,000. Managements net income goal is $60,000. Compute the required sales needed to achieve managements target net income...
-
Markowis Corporation sells three different models of mosquito zapper. Model A12 sells for $50 and has variable costs of $40. Model B22 sells for $100 and has variable costs of $70. Model C124 sells...
-
List rival products to the cloud services that you use. Why have you chosen to use the products in your list versus rival offerings?
-
What is a mortgage crisis?
-
What are the key features of a mortgage?
-
What are the two components of a mortgage payment?
-
2) What are the four major categories of mortgages?
-
If a suit is worth $ 2430 today and inflation in the year was 4.75%, how much did the same suit cost a year ago?
-
A researcher knows from experience the average costs of various data collection alternatives, as represented in the following table: If $2,500 is allocated in the research budget for data collection,...
-
What are bounds and what do companies do with them?
-
What steps must be taken to create a View of three linked tables in a database?
-
The standard cost of product 5252 includes 1.9 hours of direct labor at $14.00 per hour. The predetermined overhead rate is $22.00 per direct labor hour. During July, the company incurred 4,100 hours...
-
Shannon Company is planning to produce 2,000 units of product in 2014. Each unit requires 3 pounds of materials at $5 per pound and a half-hour of labor at $15 per hour. The overhead rate is 70% of...
-
Hank Itzek manufactures and sells homemade wine, and he wants to develop a standard cost per gallon. The following are required for production of a 50-gallon batch. 3,000 ounces of grape concentrate...
-
With a one day sale on Christmas Day and same day return policy in full effect, people filled the stores of Macy's to shop and return. The total revenue sales numbers were 2M with $150,000 in...
-
An ethical organizational culture creates an environment in which to structure behavior that is then evaluated by stakeholders. The key elements of an organizational culture include all of the...
-
Identify and discuss the seven (7) key dimensions of organizational culture Describe what ZenDesk's organizational culture looks like Discuss how ZenDesk uses its corporate culture to attain...
Study smarter with the SolutionInn App