Answered step by step

Verified Expert Solution

Link Copied!

Question

...

1 Approved Answer

Posted on Jul 31, 2024

Burke Company has a break - even of $ 6 0 0 , 0 0 0 in total sales. Assuming the company sells its product

Burke Company has a break $-$ even of $ $600, 000$ in total sales. Assuming the company sells its product for $ $50$ per unit, what is its margin of safety in units if sales total $ $850, 000 ?$

A $. 5, 000$ units

B $. 250, 000$ units

C $. 12, 000$ units

D $. 17, 000$ units

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions

Question

The following questionnaire was completed by a simple random sample of 250 gynecologists. The number checking each response is shown in the appropriate box.

Answered: 1 week ago

Question

★★★★★

Suppose that the time to failure T of a certain hinge is an exponential random variable with probability density f (t) = ? c ?? t , t > 0. From prior experience we are led to believe that. 0 is a...

Answered: 1 week ago

Question

★★★★★

supplier who sold the fit fittings. In Congress passed th infrastructure ed Star, a European-based Act that authorized S6 billion to the ture projects. The law createdsible for distributors to drop...

Answered: 1 week ago

Question

★★★★★

QUESTION 3 Your finanical advisor informed you that bonds are a good invesmtent option for you. Therefore, you invested in a bond that has a par value of AED 1000 and pays interest with a coupon rate...

Answered: 1 week ago

Previous Question Next Question