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

Question

1 Approved Answer

please solve will like Using the following data for Your Company, what is the its margin of safety as a percentage of units? $712,500 $451,250

image text in transcribed

please solve will like

Using the following data for Your Company, what is the its margin of safety as a percentage of units? $712,500 $451,250 Sales (4,750 units) Variable Cost Contribution Margin Fixed Costs Net Income $261,250 $156,750 $104,500 40.00% 60.00% 66.67% O 36.67% 52.00%

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

Personal Trainer Online Purchase Managerial Accounting

Personal Trainer Online Purchase Managerial Accounting

Authors: Carl S. Warren, James M. Reeve, Philip E. Fess

8th Edition

0324204604, 978-0324204605

More Books

Students also viewed these Accounting questions

Question

★★★★★
For the experience numbers: a. Construct a histogram. b. Describe the shape of the distribution. c. Summarize the distribution in general terms.

Answered: 1 week ago

Question

★★★★★
The following summarized Cash T-account reflects the total debits and total credits to the Cash account of Thomas Corporation for calendar year 2008. (1) Use this information to prepare a complete...

Answered: 1 week ago

Question

★★★★★
Easy Pages Packn Mail completed the following transactions during 2014: Nov.1 Paid $ 6,000 store rent covering the three-month period ending January 31, 2015. Nov.1 Paid $ 6,000 insurance covering...

Answered: 1 week ago

Question

★★★★★
please solve will like Using the following data for Your Company, what is the its margin of safety as a percentage of units? $712,500 $451,250 Sales (4,750 units) Variable Cost Contribution Margin...

Answered: 1 week ago

Question

★★★★★
The last monthly payroll of The Montague Corporation was $343,440 for 120 employees. The company pays $27.70 per employee for dental insurance, $9.77 per employee for discount club memberships and...

Answered: 1 week ago

Question

★★★★★
1. A source of yellow light ( = 570 nm) produces interference through two narrow slits separated by a distance of 0.01cm. A screen is placed 3m away. a. How far from the central max is the fifth...

Answered: 1 week ago

Question

★★★★★
You are revising your company's talent acquisition strategy to make it more competitive and appealing to potential candidates. Part of your strategy involves clearly presenting the compensation...

Answered: 1 week ago

Question

★★★★★
Inventory Land Book Value Fair Value $ 630,000 $ 600,000 750,000 990,000 1,700,000 2,000,000 Buildings Customer relationships Accounts payable 0 (80,000) Common stock (2,000,000) Additional paid-in...

Answered: 1 week ago

Question

★★★★★
The standard Treasury Bond futures contract has a face value of $100,000, at least 15 years to maturity and a coupon of 6%, payable semi-annually. The quoted price of the futures contract is based on...

Answered: 1 week ago

Question

★★★★★
15. What option allows the scheduler to go in and look at the information "behind" the scheduled appointments? For example, date "appointment made", wait times, service connection, etc).

Answered: 1 week ago

Question

★★★★★
(Appendices) A luncheon speaker stated, most firms have a strong financial incentive to reduce occupational injuries because the indirect costs of workplace accidents can exceed the employers direct...

Answered: 1 week ago

Question

★★★★★
(Appendices) James, age 28, was laid off by an auto manufacturer when the firm began retooling to produce a new model car. He knows he will be called back to work when the model changeover is...

Answered: 1 week ago

Question

★★★★★
(Appendices) State and local governments typically provide defined-benefit retirement plans to eligible employees. Defined-benefit pension plans have certain common Features. LO6 a. Briefly describe...

Answered: 1 week ago

Previous Question Next Question