FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
A. From the following particulars:
Sales $ 120,000
Variable Cost $ 60,000
Fixed Cost $ 60,000
Calculate:
4. Break Even Point in $ sales
5. Margin of Safety
6. Profit when sales are $500,000
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- Total Sales are 500,000 OMR, Total Variable cost is 150000 OMR. Fixed cost is 200000 OMR Calculate Total profit Select one: O a. 265000 OMR O b. 180000 OMR O c. 150000 OMR O d. 500000 OMRarrow_forwardGiven a profit margin = 10%, ROE = 20%, D/E = 1.5, and assets = $200, calculate sales. Multiple Choice O O $10 O $160 O $250 $640 O $1,000arrow_forwardSkeeter Systems uses the following data in its Cost-Volume-Profit analyses: Sales Variable expenses Contribution margin Fixed expenses Net operating income O $80,000 What is total contribution margin if sales volume increases by 20%? O $158,400 O $200,000 Total $ 400,000 280,000 120,000 100,000 O $144,000 $ 20,000arrow_forward
- need answer of this questionarrow_forwardCalculate the Margin of Safety, expressed as a percentage of Sales, given the following data: Sales $6,000,000.00 Variable Costs = 60% of Sales Fixed Costs = $1,800,000.00 Break-Even Sales = $4,500,000.00 Maximum Capacity of Sales = $10,000,000.00 = 15.0% 18.0% 33.3% 25.0%arrow_forwardUse the following information to determine the margin of safety in dollars: Unit sales... 50,000 Units $500,000 Dollar sales... Fixed costs. Variable costs. $204,000 $187,500arrow_forward
- • Use the below information to fill out the income statement and answer the questions 4-10 below: Selling Price per Unit Number of Units Total Dollars Sales Revenue $40.00 Variable Costs |600,000 Contribution Margin Fixed Costs 240,000 Net Income If OPEARATING LEVERAGE is 5 4. What is Net Income ?arrow_forward2. From the following details find out (a) Profit volume ratio, (b) BEP, (c) Margin of safety. SR 250,000 Fixed Costs Sales SR 50,000 Total Costs Solution: SR 150,000 Net Profit SR 50,000arrow_forward
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