Contribution margin=Sales-Variable cost
=1100-550
=$550 per slab
Breakeven=Fixed expenses/Contribution margin
=34000/550
=62 slabs(Approx)
Margin of safety=Total sales-Breakeven sales
=80-62
=18 slabs
=(18*1100)
=$19800
Stones Manufacturing sells a marble slab for $1,100. Fixed costs are $34,000, while the variable costs...
Stones Manufacturing sells a marble slab for $1,100. Fixed costs are $35,000, while the variable costs are $450 per slab. The company currently plans to sell 230 slabs this month. What is the margin of safety assuming 80 slabs are actually sold? (Round interim calculations and final calculations to the nearest whole number.) A. $90,100 B. $193,600 C. $28,600 D. $35,000
Question 18 15 points Stones Manufacturing, sells a marble slab for $1000. Fixed costs are $35,000, while the variable costs are $450 per slab. The company currently plans to sell 230 slabs this month. What the margin of safety assuming 85 slabs are budgeted? $35,000 $166,363.636 $21,363.6364 $62,863.6364
QUESTION 4 A Company sells a marble slab for $1,100. Fixed costs are $33,000, while the variable costs are $550 per slab. The month. What is the margin of safety assuming 85 slabs are actually sold? (Round interim calculations and final calc $168,000 $59,500 $27,500 $43,000
Stones Manufacturing, sells a marble slab for $1500. Fixed costs
are $31,000, while the variable costs are $450 per slab. The
company currently plans to sell 240 slabs this month. What is the
margin of safety assuming 75 slabs are budgeted?
$207,714.286
$31,000
$68,214.2857
$315,714.286
Answer the following questions using the information
below:
Southwestern College is planning to hold a fund raising banquet at
one of the local country clubs. It has two options for the
banquet:
Southwestern College has...
Family Furniture sells a table for $ 900. Its fixed costs are $2,500, while its variable costs are $600 per table. It currently plans to sell 190 tables this month. What is the budgeted revenue for the month assuming that Family Furniture sells 190 tables?
how
do i solve this ?
Quote Sweet Treats sells ice cream cones for $4.50 per customer. Variable costs are $2.50 per cone. Foed costs are $2.500 per month. What is the company's contribution margin ratio? O A. 2% OB. 55,56% O C. 44.44% OD. 80%
QUESTION 14 Product Q is currently sold at £20 per unit, and variable costs are 60% of the selling price. If the current breakeven point is 12,000 units, the price which must be set to breakeven at 10,000 units is: A. £16.67 B. £21.60 C. £29.60 OD. £24.00 QUESTION 15 Auckland Limited sells plastic baskets. For the next year Auckland is planning to sell 5,400 baskets at a price of £40 per basket. The company is planning to achieve a...
sestion 1: Finn Inc. makes hats. For the month of March 20 Account Direct Materials Work in Process the month of March 2019, Finn Inc had these inventory account balance Betinnor Balance Clan 1) Endine Balance can 3) $51,000 $34,000 $72,000 $89,000 $23,000 $26,000 Finished Goods During March 2019, Finn Inc. had the following transactions: a. Spent $47,000 on direct materials b. Spent $29,000 on direct labor c. Calculated manufacturing overhead to be $25,000 d. Spent $20,000 on administrative expenses...