Homework Answers
Answers
1) $30,000
2) 20%
Margin of safety = Actula sales - Break even Sales = 150,000-120,000 = 30,000 (Answer)
Margin of Safety Percentage = Margin of Safety / Actual Sales = 30,000 /150,000 = 20%(Answer)
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Knowledge Check 03
Once the break-even point has been reached, net operating income
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unit selling price
variable expense per unit
fixed expense per unit
Knowledge Check 04
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total sales equal total projections
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Knowledge Check 03
Once the break-even point has been reached, net operating income
will increase by the amount of the _____ for each additional unit
sold.
unit contribution margin
unit selling price
variable expense per unit
fixed expense per unit
Knowledge Check 04
Break-even point is the level of sales at which ______.
total profits equals total costs
total profits exceed total costs
total revenue equals total costs
total sales equal total projections
Knowledge Check 01 Atlas Corporation sells 100...
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