Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The...
Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $366,000 and the variable expenses are 45% of sales. Given this information, the actual profit is: Multiple Choice Ο Ο 697600 Ο $67100 Ο $18,300 Ο $50,325 Kuzio Corporation produces and sells a single product. Data concerning that product appear below Selling price Variable expenses Contribution margin Per Unit $140 56 $ 84 Percent of Sales 100% 40% 60% The company...
Margin of Safety a. If Canace Company, with a break-even point at $477,400 of sales, has actual sales of $620,000, 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. 142,600 2. 23 % b. If the margin of safety for Canace Company was 25%, fixed costs were $1,327,500, and variable costs were 75% of sales, what was the amount of actual sales (dollars)?...
9 Margin of Safety a. If Canace Company, with a break-even point at $312,800 of sales, has actual sales of $460,000, 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 45%, fixed costs were $1,655,775, and variable costs were 55% of sales, what was the amount of actual sales (dollars)?...
1. Determine the break-even point. 2 Compute the margin of safety and explain its significance. 3. Compute the degree of operating leverage at a particular level of sales and explain how it can be used to predict changes in net operating income 5.3 CVP Analysis - Excel Given the following information complete a Cve analysis 2 for JPL, Inc.: 4 Unit sales 5 Selling price per unit 6 Variable expenses per unit 7 Fixed expenses 11,200 units S75 per unit...
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 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:...
Margin of Safety a. If Canace Company, with a break-even point at $396,000 of sales, has actual sales of $660,000, 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 40%, fixed costs were $2,006,400, 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 $416,100 of sales, has actual sales of $ 730,000, 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 $1,404,800, and variable costs were 80% of sales, what was the amount of actual sales (dollars)?...
Margin of Safety a. If Canace Company, with a break-even point at $518,000 of sales, has actual sales of $740,000, 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 $1,633,800, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint:...
Margin of Safety a. If Canace Company, with a break-even point at $539,500 of sales, has actual sales of $650,000, 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 35%, fixed costs were $1,688,050, and variable costs were 65% of sales, what was the amount of actual sales (dollars)?...