If a business had sales of $4,316,000 and a margin of safety of 20%, the break-even point was Oa. $863,200 Ob. $5,179,200 Oc. $7,768,800 Od. $3,452,800
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- 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.$5,242,8002. 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. $710,000Calculate 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
- 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 $5,000,000Margin 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 $1,648,350, and variable costs were 55% of sales, what was the amount of actual sales (dollars)?(Hint: Determine the break-even in sales dollars first.)$___________A company had a profit margin of 15%. If net income equaled $44,000 and average total assets equaled $335,000, how much were net sales? (Rounded to the nearest whole dollar.) A. $293,333 B. $6,600 C. $223 D. $50,250 E. $291,000
- 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 Spector Company has sales of $440,000, and the break-even point in sales dollars is $338,800. Determine the company's margin of safety as a percent of current sales.fill in the blank 1 %a. If Canace Company, with a break-even point at $244,200 of sales, has actual sales of $370,000, what is the margin of safety evpressed (1) in doilars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2.
- Margin of Safety a. If Canace Company, with a break-even point at $262,700 of sales, has actual sales of $370,000, 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. $. fill in the blank 1 2. %. fill in the blank 2 b. If the margin of safety for Canace Company was 40%, fixed costs were $1,624,800, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.)3.$. fill in the blank 3Jonick Company has sales of $460,000, and the break-even point in sales dollars is $372,600. Determine the company's margin of safety as a percent of current sales.___ %18. Assume the company's monthly target profit is $17,000. The dollar sales to attain that target profit is closest to:A. $387,392B. $635,069C. $671,925D. $993,313
