Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 08, 2024

Green Companyplans to sell 1000 lawn mowers for $400 each in 2021. Product Costs:Direct Materials (DM) $180/mower Direct Labor (DL) $100/mower Variable Manufacturing Overhead (VOVH)

Green Companyplans to sell 1000 lawn mowers for $400 each in 2021.

Product Costs:Direct Materials (DM) $180/mower

Direct Labor (DL) $100/mower

Variable Manufacturing Overhead (VOVH) $25/mower

Fixed Manufacturing Overhead (FOVH) $15,000/year

Period Costs:Commissions $20/mower

Administrative Expenses $30,000/year

What is the margin of safety in number of units?

Answer:

500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Horngrens Cost Accounting A Managerial Emphasis

Authors: Srikant M. Datar, Madhav V. Rajan

17th Edition

0135628474, 9780135628478

More Books

Students also viewed these Accounting questions

Question

★★★★★

Analyze the following: a. The effects of a temporary increase in the price of oil (a temporary adverse supply shock) on current output, employment, the real wage, national saving, investment, and the...

Answered: 1 week ago

Question

★★★★★

In M-estimation, let ????(x) = 2(1 + x22 1). Find the influence function, and explain why this gives a compromise between least squares and ????(x) = |x|, having a bounded influence function with a...

Answered: 1 week ago

Question

★★★★★

1. Target a specific number of pages to read and outline.

Answered: 1 week ago

Question

★★★★★

The machine element shown is fabricated from steel. Determine the mass moment of inertia of the assembly with respect to (a) The x axis, (b) The y axis, (c) The z axis. (The specific weight of steel...

Answered: 1 week ago

Question

★★★★★

CREATE TABLE " ACTOR " ( "ID" NUMBER(9,0) NOT NULL, "NAME" VARCHAR2(100) NOT NULL, CONSTRAINT ACTOR_PK PRIMARY KEY (ID)); CREATE TABLE " MOVIE " ( "ID" NUMBER(9,0) NOT NULL, "TITLE" VARCHAR2(100) NOT...

Answered: 1 week ago

Question

★★★★★

Consider a U.S.-based MNC parent, Triloo Inc., that owns subsidiaries in the France, Mexico, and Australia. Suppose that the economy in Australia weakens, leading to a lower national income. This...

Answered: 1 week ago

Question

★★★★★

List three logical fallacies. Explain why they are fallacies, and give examples of fallacious statements regarding moral problems.

Answered: 1 week ago

Question

★★★★★

A study was made of 500 children who were hospitalized as a result of motor vehicle crashes. Among 310 children who were not using seat belts, 70 were injured severely. Among 190 children using seat...

Answered: 1 week ago

Question

★★★★★

1. While working with Alcoa's operations in Tennessee, Russ Ackoff consulted on their efforts to introduce... a) the first Quality Circles in the United States b) a Quality of Work-Life Program c)...

Answered: 1 week ago

Question

★★★★★

Relying solely on your impressions, how is the higher education industry changing and, faced with these trends, how should traditional universities respond, especially traditional U.S. universities?

Answered: 1 week ago

Question

★★★★★

Penny and Daughter's construction business is considering purchasing a new Bobcat. The equipment will cost $150,000 and is expected to last 12 years. The Bobcat has a salvage vale of $7,000....

Answered: 1 week ago

Question

★★★★★

Which of the following journals is a peer-reviewed journal? a HR Grapevine b Human Resource Development International c The Economist d Personnel Review

Answered: 1 week ago

Question

★★★★★

When evaluating the position of authors, you are exploring: a Who the lead author is in a multipleauthored publication. b How the work is similar to and different from other researchers. c The...

Answered: 1 week ago

Question

★★★★★

When referencing, page numbers must be shown when: a You read any textbook relevant to your project. b A source has been written by more than one author. c You are using a direct quotation to enhance...

Answered: 1 week ago

Previous Question Next Question