Calculate the break-even sales when a business has sales of $824,000 and a margin of safety of 21%. a. $584,000 b. $650,960 c. $672,100 d. $710,000
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Calculate the break-even sales when a business has sales of $824,000 and a margin of safety
of 21%.
a. $584,000
b. $650,960
c. $672,100
d. $710,000
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Solved in 2 steps
- If a business had sales of $4,369,000 and a margin of safety of 20%, the break-even point was a.$3,495,200 b.$873,800 c.$7,864,200 d.$5,242,800Margin of Safety a. If Canace Company, with a break-even point at $401,800 of sales, has actual sales of $490,000, 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 $1,648,350, and variable costs were 55% of sales, what was the amount of actual sales (dollars)?(Hint: Determine the break-even in sales dollars first.)$___________2. Calculate the break-even sales when a business has sales of $824,000 and a margin of safetyof 21%.a. $584,000b. $650,960c. $672,100d. $710,000
- A company’s forecasted sales are $300,000 and its sales at break-even are $180,000. Its margin of safety in dollars is a. $180,000. c. $480,000. e. $300,000. b. $120,000. d. $60,000.Accelerated Logistics provides the following information: $1,600,000 $15,000,000 $1,800,000 Operating income Net sales Average total assets Management's target rate of return 25% What is the company's profit margin ratio? (Round your answer to two decimal places.) ..... A. 12.00% B. 88.89% C. 27.90% D. 10.67%If Sales are $2,000,000 and the Break Even point is $1,500,000. What is the Margin of Safety (ratio)? A. 33% B. 175% C. 25% D. 75%
- Margin of Safety Quick Inc. has sales of $36,400,000, and the break-even point in sales dollars is $24,024,000. Determine the company's margin of safety as a percent of current sales. Enter your answer as a whole number. %Margin of Safety The Rachel Company has sales of $500,000, and the break-even point in sales dollars is $365,000. Determine the company's margin of safety as a percent of current sales.Margin of Safety The Whitehead Company has sales of $200,000, and the break-even point in sales dollars is $132,000. Determine the Whitehead company's margin of safety as a percent of current sales. %
- Q1. Sales (30,000 units) Tk.15,00,000 Tk.50 Variable Expense 12,00,000 40 Contribution Margin 300,000 Tk. 10 Fixed Expenses 220,000 Net Operating Income 80,000 Refer to original data. Compute company’s margin of safety in both dollar and percentage form. Compute company’s degree of operating leverage at present level of sales. 7. If sales increase by 7.5%, by what percentage would you expect net operating income to increase?2. Use this information to answer questions: Fixed Expenses Rent $ 44,000 Utilities $ 40,000 Depreciation $6,500 Variable Expenses Cost of Goods Sold 34% of sales Sales Commissions 15% of sales a. What is the company's contribution margin percentage? b. What is the break-even point in dollars? c. If the company wants to earn a profit of $35,000 instead of breaking even, what is the amount of sales the company must achieve?If a business had sales of $4,000,000 and a margin of safety of 25%, the break-even point in sales dollars was $12,000,000 $3,000,000 $1,000,000 $5,000,000
