Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kearney company, operating at full capacity sold 400,000 units at $246.60 during 20Y5. Sales:$98,640,000 Cost of goods sold:44,500,000 Gross profit:$54,140,000 considering plant expansion an increase

Kearney company, operating at full capacity sold 400,000 units at $246.60 during 20Y5. Sales:$98,640,000 Cost of goods sold:44,500,000 Gross profit:$54,140,000 considering plant expansion an increase of $8,631,000. The expansion will increase fixed costs by $3,600,000 but will not affect the relationship between sales and variable costs.

calculate the Margin of safety for 20Y5 in percentage.

calculate Margin of safety under the proposed program assuming 20Y5 sales in percentage.

Survey of accounting

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

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

Recommended Textbook for

Bookkeeping And Accounting For Beginners

Authors: D.K. Livingston

1st Edition

1686248598, 978-1686248597

More Books

Students also viewed these Accounting questions

Question

What is the history of this situation?

Answered: 1 week ago