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The correct answer is OPTION C i.e 35.55%
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Question 14 Keaubie Company expects sales of $450,000. Their break-even in sales is $299,000. Their margin...
Question 14 1 pts Keaubie Company expects sales of $450,000. Their break-even in sales is $299,000....
Question 14 1 pts Keaubie Company expects sales of $450,000. Their break-even in sales is $299,000. Their margin of safety ratio is: 150.5% $151,000 66.44% 35.55%
Question 17 1 pts Baylee Company expected to sell 5000 units. Their break-even is 2800 units. If their selling price is...
Question 17 1 pts Baylee Company expected to sell 5000 units. Their break-even is 2800 units. If their selling price is $10 per unit, what is their margin of safety in dollars? $50,000 $28,000 $22,000 $78,000 Question 16 1 pts Keaubie Company has the following: Total Sales: $500,000; Contribution Margin Ratio: 20%; Fixed Costs: $80,000; What is the amount of Keaubie Company's net income or net loss for the period? $100,000 net loss $100,000 net income $20,000 net loss $20,000...
For Kosko Company, actual sales are $1,157,000 and break-even sales are $894,100. Compute (a) the margin...
For Kosko Company, actual sales are $1,157,000 and break-even sales are $894,100. Compute (a) the margin of safety in dollars and (b) the margin of safety ratio. (Round ratio to o decimal places, e.g. 15.) Margin of safety Margin of safety ratio
For Cullumber Company, actual sales are $1,930,000, and break-even sales are $1,177,300. Compute the margin of...
For Cullumber Company, actual sales are $1,930,000, and break-even sales are $1,177,300. Compute the margin of safety in dollars. Margin of safety s Compute the margin of safety ratio. Margin of safety ratio
For Crane Company, actual sales are $1,450,000, and break-even sales are $1,058,500. Compute the margin of...
For Crane Company, actual sales are $1,450,000, and break-even sales are $1,058,500. Compute the margin of safety in dollars. Margin of safety LINK TO TEXT Compute the margin of safety ratio. Margin of safety ratio LINK TO TEXT
Contribution Margin, Break-Even Units, Break-Even Sales, Margin of Safety, Degree of Operating Leverage Aldovar Company produces...
Contribution Margin, Break-Even Units, Break-Even Sales, Margin of Safety, Degree of Operating Leverage Aldovar Company produces a variety of chemicals. One division makes reagents for laboratories. The division's projected income statement for the coming year is: Sales (203,000 units @ $70) $14,210,000 Total variable cost 8,120,000 Contribution margin $6,090,000 Total fixed cost 4,945,500 Operating income $1,144,500 Required: 1. Compute the contribution margin per unit, and calculate the break-even point in units. Calculate the contribution margin ratio and use it to...
Contribution Margin, Break-Even Units, Break-Even Sales, Margin of Safety, Degree of Operating Leverage Aldovar Company produces...
Contribution Margin, Break-Even Units, Break-Even Sales, Margin of Safety, Degree of Operating Leverage Aldovar Company produces a variety of chemicals. One division makes reagents for laboratories. The division's projected income statement for the coming year is: Sales (203,000 units @ $70) $14,210,000 Total variable cost 8,120,000 Contribution margin $6,090,000 Total fixed cost 4,945,500 Operating income $1,144,500 Required: 1. Compute the contribution margin per unit, and calculate the break-even point in units. Calculate the contribution margin ratio and use it to...
ve expected sales. O Expected sales over break-even sales Question 11 2.5 pts During March, a...
ve expected sales. O Expected sales over break-even sales Question 11 2.5 pts During March, a firm expects its total sales to be $160,000, its total variable costs to be $95.000, and its total fixed costs to be $25,000. The contribution margin for March is: O $65,000. O $90,000 $120,000 O $40,000 $25,000 2.5 pts Question 12 Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income...
Margin of Safety a. If Canace Company, with a break-even point at $341,600 of sales, has...
Margin of Safety a. If Canace Company, with a break-even point at $341,600 of sales, has actual sales of $610,000, 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. $ 2.1 % b. If the margin of safety for Canace Company was 40%, fixed costs were $1,533,600, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint:...
Margin of Safety a. If Canace Company, with a break-even point at $960,000 of sales, has...
Margin of Safety a. If Canace Company, with a break-even point at $960,000 of sales, has actual sales of $1,200,000, 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 20%, fixed costs were $1,875,000, and variable costs were 80% of sales, what was the amount of actual sales (dollars)? (Hint:...
Question 14 1 pts Keaubie Company expects sales of $450,000. Their break-even in sales is $299,000. Their margin of safety ratio is: 150.5% $151,000 66.44% 35.55%
Question 17 1 pts Baylee Company expected to sell 5000 units. Their break-even is 2800 units. If their selling price is $10 per unit, what is their margin of safety in dollars? $50,000 $28,000 $22,000 $78,000 Question 16 1 pts Keaubie Company has the following: Total Sales: $500,000; Contribution Margin Ratio: 20%; Fixed Costs: $80,000; What is the amount of Keaubie Company's net income or net loss for the period? $100,000 net loss $100,000 net income $20,000 net loss $20,000...
For Kosko Company, actual sales are $1,157,000 and break-even sales are $894,100. Compute (a) the margin of safety in dollars and (b) the margin of safety ratio. (Round ratio to o decimal places, e.g. 15.) Margin of safety Margin of safety ratio
For Cullumber Company, actual sales are $1,930,000, and break-even sales are $1,177,300. Compute the margin of safety in dollars. Margin of safety s Compute the margin of safety ratio. Margin of safety ratio
For Crane Company, actual sales are $1,450,000, and break-even sales are $1,058,500. Compute the margin of safety in dollars. Margin of safety LINK TO TEXT Compute the margin of safety ratio. Margin of safety ratio LINK TO TEXT
ve expected sales. O Expected sales over break-even sales Question 11 2.5 pts During March, a firm expects its total sales to be $160,000, its total variable costs to be $95.000, and its total fixed costs to be $25,000. The contribution margin for March is: O $65,000. O $90,000 $120,000 O $40,000 $25,000 2.5 pts Question 12 Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income...
Margin of Safety a. If Canace Company, with a break-even point at $341,600 of sales, has actual sales of $610,000, 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. $ 2.1 % b. If the margin of safety for Canace Company was 40%, fixed costs were $1,533,600, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint:...
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