The answer is c because margin of safety is the level at which the current sale - the break evn point
Multiple Choice Question 140 The following monthly data are available for Vaughn Manufacturing, which produces only...
Multiple Choice Question 140 The following monthly data are available for Crane Company, which produces only one product: Selling price per unit, $38; Unit variable expenses, $14; Total fixed expenses, $42000; Actual sales for the month of June, 2000 units. How much is the margin of safety for the company for June? $84000 $9500 $1750 $42000
Multiple Choice Question 140 The following monthly data are available for Coronado Industries which produces only one product: Selling price per unit, 544; Unit variable expenses, $14; Total foed expenses, $42000; Act Sales for the month of June, 5000 units. How much is the margin of safety for the company for June? $1400 34000 43000 $158400
The following monthly data are available for Crane Company which produces only one product: Selling price per unit, $44; Unit variable expenses, $14; Total fixed expenses, $42000; Actual sales for the month of June, 7000 units. How much is the margin of safety for the company for June?
QUESTION 7 The following monthly data are available for Seasons Company which produces only one product: Selling price per unit, 542; Unit variable expenses, 514 Total fied expenses, 570,000: Actual sales for the month of June 3,000 units. How much is the margin of safety for the company for June? $14.000 21.000 $70,000 $2.500
Question 1 Question 1 of 10 2 points The following monthly data are available for Lumberyard Company, which produces only one product: Selling price per unit, 542: Unit variable expenses, $14: Total fixed expenses, 542,000; Actual sales for the month of June, 3,000 units. How much is the margin of safety for the company for June? $42.000 $63,000 $84,000 $1,500 MacBook Pro
Multiple Choice Question 98 The following information is available for Vaughn Manufacturing: $150000 Sales Cost of goods sold $600000 400000 Total fixed expenses Total variable expenses 350000 A CVP income statement would report gross profit of $200000. gross profit of $250000. contribution margin of $250000. O contribution margin of $450000.
Multiple Choice Question 98 The following information is available for Sheridan Company: Sales Cost of goods sold $500000 320000 Total fixed expenses Total variable expenses $150000 260000 A CVP income statement would report contribution margin of $350000. gross profit of $240000. contribution margin of $240000. gross profit of $180000. Click if you would like to Show Work for this question: Open Show Work Multiple Choice Question 142 The following monthly data are available for Waterway Industries which produces only one...
The following monthly data are available for the Winfast Company and its only product: Unit selling price $36 Unit variable expenses $28 Total fixed expenses $51,000 Actual sales of the month of March 7,000 The margin of safety for the company during March was:
#12 The following monthly data are available for a company and its only product Unit selling price $38 Unit variable expenses $25 Total fixed expenses $39,000 Actual monthly sales 8,000 units What was the margin of safety in dollars for the company during the month? a. $180,500 b. $118,000 c.$119,800 d. $190,000 e. None of the above
Rainbow Manufacturing has the following data: Selling price: $140 Variable manufacturing cost: $87 Fixed manufacturing cost $250,000 per month Variable selling & adminstrative costs $22 Fixed selling & adminstrative costs $188,000 per month If Rainbow Manufacturing has actual monthly sales of $2,100,000 and desires an operating profit of $75,000 per month, what is the margin of safety in sales dollars? a. $242,972 b. $154,299 c $75,000 d. $250,000