Question
4. Slu-Foote manufactures fancy socks. Each pair sells for $95. Variable cost per pair is $67 and the fixed cost is $1,320,000. The company sold
4. Slu-Foote manufactures fancy socks. Each pair sells for $95. Variable cost per pair is $67 and the fixed cost is $1,320,000. The company sold 62,000 pair of socks. Calculate the Degree of Operating Leverage.
5. Referring to Question 4, if sales increased by 13.25% then what would be the total dollar amount of profits for Slu-Foote?
6. Referring to Question 4, what would be the breakeven point in terms of the number of pairs of socks?
7. Referring to Question 4 & 6 what is the margin of safety in terms of dollars?
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Auditing Your Payment Cards Processes Systems And Applications A Step By Step PCIDSS Compliant Audit Program A Practice Guide For Payment Card Brands Issuers Acquirers Processors And Switches
Authors: Nwabueze Ohia
1st Edition
1521799229, 978-1521799222
