Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 25, 2024

Xlong Corporation makes a product that sell for 130 per unit. The product's current sales are 14000 units and its break even sales are 10220

Xlong Corporation makes a product that sell for 130 per unit. The product's current sales are 14000 units and its break even sales are 10220 units. Compute the margin of safety in both dollars and as a percentage of sales

image text in transcribed

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

Foundations Of Cost Control

Authors: Daniel Traster

1st Edition

0132156555, 978-0132156554

More Books

Students also viewed these Accounting questions

Question

★★★★★

In the Enron case the company eventually turned to back-door guaranteeing of the Chewco, one of its SPE, to satisfy equity investors. Assume that one guarantee was for a $16 million loan. The loan...

Answered: 1 week ago

Question

★★★★★

An n-year $10001000 par value bond with 3.723.72% annual coupons is purchased at a price to yield an annual effective rule of ii. You are given: (i) If the annual coupon rate had been 6.726.72%...

Answered: 1 week ago

Question

★★★★★

3. Provide unexpected, spontaneous, and genuine praise.

Answered: 1 week ago

Question

★★★★★

Near the time of an election, a cable news service performs an opinion poll of 1,000 probable voters. It shows that the Republican contender has an advantage of 52% to 48%. a. Develop a 95%...

Answered: 1 week ago

Question

★★★★★

QUESTION 24 4 points Which of the following figures depicts the correct calculation for the price of a bond that matures in 2 years, makes semi-annual coupon payments at a rate of 16 percent and a...

Answered: 1 week ago

Question

★★★★★

On January 1, 2020, Allan Company bought a 15 percent interest in Sysinger Company. The acquisition price of $228,500 reflected an assessment that all of Sysinger's accounts were fairly valued within...

Answered: 1 week ago

Question

★★★★★

What can be inferred from the given managerial suggestion for KFC's social media strategy? Group of answer choices Focusing on creating more indoor and promotional setting pictures (Cluster 2) might...

Answered: 1 week ago

Question

★★★★★

3. Develop a database program that creates a database named cities.db. The cities.db database must have a table named Cities, with the following columns: Column Name Data Type I Attributes City Name...

Answered: 1 week ago

Question

★★★★★

Prior to the Holiday season, Toys-R-Us would increase their on-hand inventory levels. What is the rational for this (see chapter 9)? What are some of the reasons why Toys-R-Us would not purchase more...

Answered: 1 week ago

Question

★★★★★

Laker Company reported the following January purchases and sales data for its only product. For specific identification, ending inventory consists of 275 units from the January 30 purchase, 5 units...

Answered: 1 week ago

Question

★★★★★

On March 1, 2025, Oriole Company purchased land for an office site by paying $2520000 cash. Oriole began construction on the office building on March 1. The following expenditures were incurred for...

Answered: 1 week ago

Question

★★★★★

Icebreaker Company (a U.S.-based company) purchases materials from a foreign supplier on December 1, 2020, with payment of 17,000 dinars to be made on March 1, 2021. The materials are consumed...

Answered: 1 week ago

Question

★★★★★

3.8 Discuss what is meant by e-HR and the benefits of Web-enabled service applications.

Answered: 1 week ago

Question

★★★★★

2. Given that universities, government labs, and innov ative firms are considered the core of a National System of Innovation (NSI), what are innovative firms and/or government agencies doing to...

Answered: 1 week ago

Question

★★★★★

3.5 Explain the key functions of an HRIS and its strategic importance.

Answered: 1 week ago

Previous Question Next Question