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Accounting. The margin of safety is: (Check all that apply.) Multiple select question. A. the difference between expected sales and break-even sales divided by expected sales. B. always expressed as a dollar amount (not in units or percentages). C. the amount sales can drop before the company incurs a loss. D. adequate if greater than 15% to 20%.
Accounting. Margin of Safety Yellow Sticker Company's variable expenses are 40% of sales. The company has monthly fixed expenses of $15,000 and sells each unit for $0.50. The monthly target operating income is $3,750. a. What is the monthly margin of safety in dollars if Yellow Sticker Company achieves its operating income goal? in dollars $0 b.
Business. Accounting. Margin of safety a. If Kirwan Company, with a break-even point at $308,000 of sales, has actual sales of $560,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? 1. S 2. X X % b. If the margin of safety for Kirwan Company was 30%, fixed costs were $1,818,600, and variable costs were ...
Margin of Safety a. If Del Rosario Company, with a break-even point at $482,400 of sales, has actual sales of $670,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. 2. % b.
If the margin of safety for Canace Company was 30%, fixed costs were $1,593,900, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)$. Margin of Safety a. If Canace Company, with a break-even point at $631,800 of sales, has actual sales of $780,000, what ...
Accounting. CVP analysis, margin of safety. Suppose Morrison Corp.’s breakeven point is revenues of $1,100,000. Fixed costs are $660,000. Required: Compute the contribution margin percentage. Compute the selling price if variable costs are $16 per unit. Suppose 75,000 units are sold. Compute the margin of safety in units and dollars.
What is the company's margin of safety? Transcribed Image Text: XYZ Inc. sells a single product for $30 per unit. Variable production costs are $18 per unit. Fixed overhead costs amount $20,000 per month. Variable selling costs are $3 per unit. Fixed selling costs are $4,000 per month. Last month, the company produced 10,000 units and sold ...
margin of safety will be. BUY. FINANCIAL ACCOUNTING. 10th Edition. ISBN: 9781259964947. Author: Libby. Publisher: Libby. 2 Investing And Financing Decisions And The Accounting System 4 Adjustments, Financial Statements, And The Quality Of Earnings 5 Communicating And Interpreting Accounting Information 6 Reporting And Interpreting Sales Revenue ...
Accounting. Margin of safety a. If Kirwan Company, with a break-even point at $435,200 of sales, has actual sales of $640,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? 1. fill in the blank 1 of 2$ 2. fill in the blank 2 of 2% b. If the margin of safety for Kirwan Company was 25%, fixed costs were ...
A company’s sales figure is £250,000 and its margin of safety ratio is 40%. Assuming that the fixed costs, the variable cost per unit and the selling price per unit do not change, the company’s margin of safety for sales of £325,000 will be: a. £175,000 b. £150,000 c. £100,000 d. £70,000