Margin of Safety The Ira Company has sales of $740,000, and the break-even point in sales...
1. Cartersville Co. reports the following data: Sales $561,500 Variable costs (308,800) Contribution margin $252,700 Fixed costs (191,100) Operating income $61,600 Determine Cartersville Co.’s operating leverage. Round your answer to one decimal place. 2. The Ira Company has sales of $680,000, and the break-even point in sales dollars is $496,400. Determine the Ira company's margin of safety as a percent of current sales. %
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:...
1. Margin of Safety a. If Canace Company, with a break-even point at $256,000 of sales, has actual sales of $400,000, 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 $2,074,050, and variable costs were 55% of sales, what was the amount of actual sales (dollars)?...
1. Operating Leverage Tucker Co. reports the following data: Sales $775,800 Variable costs (512,000) Contribution margin $263,800 Fixed costs (169,600) Operating income $94,200 Determine Tucker Co.’s operating leverage. Round your answer to one decimal place. 2. Margin of Safety The Spector Company has sales of $890,000, and the break-even point in sales dollars is $640,800. Determine the Spector company's margin of safety as a percent of current sales.
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 $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)?...
Margin of Safety a. If Canace Company, with a break-even point at $390,400 of sales, has actual sales of $640,000, 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 $1,249,600, and variable costs were 80% of sales, what was the amount of actual sales (dollars)? (Hint:...