Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

flannigan company manufactures and sells a single product that sells for $450 per unit; variable cost are $270. annual fixed costs are $800,000. current sales

flannigan company manufactures and sells a single product that sells for $450 per unit; variable cost are $270. annual fixed costs are $800,000. current sales volume is $4,200,000. Compute the current margin of saftey in dollars for flannigan company

a.1,560,000

b.2,000,000

c.2,200,000

d.2,895,652

e.2,460,000

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 For Managerial Planning Decision Making And Control

Authors: Andrew Schiff, Hsihui Chang, Woody M Liao, James L Boockholdt

5th Edition

0759340412, 978-0759340411

More Books

Students also viewed these Accounting questions

Question

What is a process and process table?

Answered: 1 week ago

Question

What is Industrial Economics and Theory of Firm?

Answered: 1 week ago

Question

What is the meaning and definition of E-Business?

Answered: 1 week ago