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

Question

1 Approved Answer

Saved Help Save & Exit Paramatta Company provided 500 repairs and had the total sales of $250,000 last year. Total variable cost was $75,000 and

image text in transcribed
image text in transcribed
Saved Help Save & Exit Paramatta Company provided 500 repairs and had the total sales of $250,000 last year. Total variable cost was $75,000 and the total fixed costs were $70,000. What is the margin of safety? 00:57:04 Multiple Choice O $125,000 O $75.000 O $200,000 O $150.000

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

Ethical Obligations and Decision Making in Accounting Text and Cases

Ethical Obligations and Decision Making in Accounting Text and Cases

Authors: Steven M. Mintz, Roselyn E. Morris

5th edition

1259969460, 73403997, 1260480852, 978-1259969461

More Books

Students also viewed these Accounting questions

Question

★★★★★
What is a hydrocarbon? What is the difference between a saturated hydrocarbon and an unsaturated hydrocarbon? Distinguish between normal and branched hydrocarbons.

Answered: 1 week ago

Question

★★★★★
Refer to Problem 35. Which investment is the better choice over the next 10 years?

Answered: 1 week ago

Question

★★★★★
2. Interview a clinical or counseling psychologist who is working in a setting you have not previously considered as part of your career goals (e.g., hospital, prison, university). Think about your...

Answered: 1 week ago

Question

★★★★★
On the first day of its fiscal year, Robbins Company issued $50,000,000 of five-year, 8% bonds to finance its operations of producing and selling home improvement products. Interest is payable...

Answered: 1 week ago

Question

★★★★★
Coronado has recently started to manufacture RecRobo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone. The cost structure to...

Answered: 1 week ago

Question

★★★★★
Given the geometric sequence: 17,170/3 , 1700/169, ..........Find an explicit formula for a?:a?=Find a?: -'pring 2022 Final Exam Same: 18.5/28 28 answered 26 170 1700 Given the SeqLrnce I T, : 13'...

Answered: 1 week ago

Question

★★★★★
Write Section 1 of the DAA. Provide context for the Caffeine, Exercise, and Heart Rate Dataset. Include a definition of the specified variables, including factors, levels of each factor, and the...

Answered: 1 week ago

Question

★★★★★
INDIVIDUAL TAX RETURN PROBLEM 2Required: Use the following information to complete Johnelle and Latoya Henry's 2016federal income tax return. If information is missing, use reasonable assumptions to...

Answered: 1 week ago

Question

★★★★★
Veach Division has total assets (net of accumulated depreciation) of $462,000 at the beginning of year 1. One of the assets is a machine that has a net book value of $43,260. Expected divisional...

Answered: 1 week ago

Question

★★★★★
Fixation biases arise from preconceived ideas formed about a person, group of people, or situation. Question: What four examples indicate a fixation bias? Instruction: Choose all options that best...

Answered: 1 week ago

Question

★★★★★
Payable Transactions Richmond Company engaged in the following transactions: a. Purchased $16,000 of supplies from ABC Supplies on February 16. Amount due in full on March 31. b. Paid for 25% of the...

Answered: 1 week ago

Question

★★★★★
KLM Manufacturing is preparing its direct labor budget for January. Projections for the month are that 4,000 units are to be produced and that the direct labor time required is 15 minutes per unit....

Answered: 1 week ago

Question

★★★★★
7. Imagine yourself in a future situation that you know you do not thrive in. Try to bring with you that feeling of satisfaction from task 6 in the future uncomfortable situation. a. Highlight three...

Answered: 1 week ago

Question

★★★★★
1. Maintain my own perspective and my opinions

Answered: 1 week ago

Question

★★★★★
2. See things from the other persons perspective (1 is oriented towards an inner source of inspiration, while 2 is oriented towards an outer source of motivation). d. Reflection style: When I really...

Answered: 1 week ago

Previous Question Next Question