FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is! $366,000 and the variable expenses are

image text in transcribed
Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is! $366,000 and the variable expenses are 45% of sales. Given this information, the actual profit is. Multiple Choice $97600 $67100 $18,300 $50,325

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting College Version

Cost Accounting College Version

Authors: Steven M. Bragg

1st Edition

1938910702, 978-1938910708

More Books

Students also viewed these Accounting questions

Question

★★★★★
Compute the nominal annual rate of interest compounded monthly at which $400 paid at the end of the month for eight years accumulates to $45 000.

Answered: 1 week ago

Question

★★★★★
18. What is the function of the pension disclosure requirement included in the pension standards?

Answered: 1 week ago

Question

★★★★★
What is the general form of the rejection region for a ????-test that is (a) a lower-tail test. (b) an upper-tail test. (c) a two-tailed test.

Answered: 1 week ago

Question

★★★★★
Medical Distributors, Inc. is a U.S. company that buys and sells used medical equipment throughout the United States and Canada. During the month of June, the company had the following transactions...

Answered: 1 week ago

Question

★★★★★
please help in this two qs will rate estion 11 Using chase strategy, complete filling the below table knowing that the current workforce is 9 workers. What are the values of A, B and C? Units/worker...

Answered: 1 week ago

Question

★★★★★
??????? Exercise 2-11 (Algo) Varying Plantwide Predetermined Overhead Rates [LO2-1, LO2-2, LO2-3] Kingsport Containers Company makes a single product that is subject to wide seasonal variations in...

Answered: 1 week ago

Question

★★★★★
question 1) Scenario : A program manager (PM) is interviewing you for the lead systems engineer position for a new program that is about to be started in the program office. The PM wants to know how...

Answered: 1 week ago

Question

★★★★★
PROBLEM #3 Susan White has her own business as a performer at children's birthday parties. She can dress up and perform as a clown, or she can perform as a magician. Kids love her. Her business is...

Answered: 1 week ago

Question

★★★★★
Aaliyah is busy handling her own work and some work of a colleague who recently resigned. Still, Aaliyah's boss assigns her three new projects and also asks that she leads a department presentation....

Answered: 1 week ago

Question

★★★★★
PA9-5 Recording Transactions and Adjustments for Tangible and Intangible Assets [LO1, LO2, LO3, LO4, LO9-5, LO9-6] The following transactions and adjusting entries were completed by Gravure Graphics...

Answered: 1 week ago

Question

★★★★★
Describe the advantages of the CRISP-DM and McKinsey 7-Steps of Problem-Solving approaches and what aspects these two frameworks share. Why do you think frameworks like these are important or useful...

Answered: 1 week ago

Question

★★★★★
3.29 A company has 50 sales representatives. It decides that the most successful representative during the previous year will be awarded a January vacation in Hawaii, while the second most successful...

Answered: 1 week ago

Question

★★★★★
3.25 The probability of A is 0.30, the probability of B is 0.40 and the probability of both is 0.30. What is the conditional probability of A given B? Are A and B independent in a probability sense?

Answered: 1 week ago

Question

★★★★★
3.26 The probability of A is 0.70, the probability of B is 0.80, and the probability of both is 0.50. What is the conditional probability of A, given B? Are A and B independent in a probability sense?

Answered: 1 week ago

Previous Question Next Question