The margin of safety for the last period was20%. The company incurred $900,000 in fixed costs for

Fantastic news! We've Found the answer you've been seeking!

Question:

The margin of safety for the last period was20%. The company incurred $900,000 in fixed costs for the period and its contribution margin ratio was 25%. The break-even was calculated at 12,000 units.

What were the actual total sales revenues for the period?

Posted Date: Jun 20, 2024 08:00 PM

See More Questions

In preparing a feasibility study for a motor hotel to be located in an area where there are several other motor hotels, what factors would you consider to determine which of the other operations are...
Janice Kerry is the management accountant at the can manufacturing plant of United Packaging. She looked a little puzzled as she stared at the regression equation for estimating the relationship...
I am working on my assignment and met these questions, help. A Ltd paid f400,000 for 200,000 shares in B Ltd. B Ltd's share capital was 250,000 f1 ordinary shares, and at the time of the share...
Regression Analysis TASK: Questions have been answered, but I just need a help to put it in a brief/shortreport summarizing and explaining this all process. The report should be understandable to a...
A fund manager announces that the fund's 3-month 99% VaR is 7.5% of the size of the portfolio being managed. You have an investment of R1 000 000 in the fund. How do you interpret the portfolio...
An insurance firm agrees to pay you $5,131 at the end of 29 years if you pay premiums of $158 per year at the end of each year for 29 years. Find the internal rate of return to the nearest whole...
For the differential equation shown below, assume zero initial conditions. u(t) is the unit step function. dy dy +7 dt (a) Find the system transfer function, G(s). + 10y = 20u(t) dt (b) Is this...
Rundle Books buys books and magazines directly from publishers and distributes them to grocery stores. The wholesaler expects to purchase the following inventory: Required purchases (on account)...
6. For a material, volumetric heat capacity is calculated by multiplying density by specific heat (ie. p*c). Calculate the volumetric heat capacity (in btu/ft"F) for the following: a. aluminum c....
On December 1, 2020, Brown Inc, a US firm, is seeking to acquire Faulkland Islands Pounds (FKP) for an upcoming future transaction. They determine they need to convert 200,000 FKP to be delivered on...

The margin of safety for the last period was20%. The company incurred $900,000 in fixed costs for

Question:

Expert Answer:

Students also viewed these accounting questions