Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 09, 2024

Question 3 Idaho Corp has fixed costs of $23,500 and a contribution margin ratio of 50%. Currently, sales are $75,000. What is Idaho's margin of

Question 3 Idaho Corp has fixed costs of $23,500 and a contribution margin ratio of 50%. Currently, sales are $75,000. What is Idaho's margin of safety? Select one 0.535,000 542.000 570,000 od 570,000

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

Using QuickBooks Accountant 2018 For Accounting

Authors: Glenn Owen

16th Edition

0357042085, 9780357042083

More Books

Students also viewed these Accounting questions

Question

★★★★★

Create a to-do list for the upcoming week using the technique described in the chapter. Prioritize your tasks using the 1-2-3 method, and use the list for a week. Ask yourself if you felt having the...

Answered: 1 week ago

Question

★★★★★

In her last-minute preparations for final exams, a student has set aside five hours to split between studying for two subjects, finance and economics. Her goal is to maximize the average grade...

Answered: 1 week ago

Question

★★★★★

Irne has four books that she wants to put on a library shelf. Three of these books form a 3-volume set of a dictionary, so that they are marked as Volumes I, II, and III, respectively. (i) Find an...

Answered: 1 week ago

Question

★★★★★

Burr Motor Company, a manufacturer of small- to medium-sized electric motors, needs additional funds to market a revolutionary new motor. Burr has arranged for private placement of a $50,000,...

Answered: 1 week ago

Question

★★★★★

Whirly Corporation's contribution format income statement for the most recent month is shown below: \ table [ [ , Total,Per Unit ] , [ Sales ( 7 , 0 0 0 units ) , $ 2 3 8 , 0 0 0 , $ 3 4 . 0 0 1 ....

Answered: 1 week ago

Question

★★★★★

In which type of application or situation would you consider using a distributed database instead of a centralized DBMS? When would you want to use a centralized database instead of a distributed...

Answered: 1 week ago

Question

★★★★★

you should draft a description of the project ((project name Marketing for the Clubs Hubspot))and an initial write up of your stakeholders - identify the stakeholders. For each stakeholder and/or...

Answered: 1 week ago

Question

★★★★★

Thinking of a manufacturing company, how might probability be a part of their quality control? Which companies might consider more outcomes as "unusual" based on the sensitivity of what they produce?...

Answered: 1 week ago

Question

★★★★★

Indicate if the following statements are true (T) or false (F): 1. Question 1 The efficient frontier will always contain the cheapest company in the industry. 2 points True False 2. Question 2 There...

Answered: 1 week ago

Question

★★★★★

On the Capella library's website on selecting a database, they provide an overview of the databases available through the university library. There are certain collections that are considered _______...

Answered: 1 week ago

Question

★★★★★

The question "What is the organization's mission?" is most closely tied to which task below? Question 7Answer a. Assess relationships with revenue sources. b. Search for cultural artifacts. c....

Answered: 1 week ago

Question

★★★★★

From the case, describe what Jobs would consider his psychological contract with his employees.

Answered: 1 week ago

Question

★★★★★

Some people say that because transactional analysis was developed in the 1960s, it is outdated. Do you agree, or do you believe that TA can help us understand behavior and improve human relations?

Answered: 1 week ago

Question

★★★★★

Some people intentionally use ulterior transactions to get what they want without others knowing it. Are ulterior transactions ethical?

Answered: 1 week ago

Previous Question Next Question