t RUITI 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 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: Determine the break-even in sales dollars first.)
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A: Margin of safety in dollars = Actual Sales - Break even point sales Margin of safety as a percentage…
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Q: Help Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The…
A: Actual sales = Break even sales / (1 - margin of safety %) = $390,000 / (1 - 0.25) = $520,000
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A: Product X sales = R 100000 Contribution product X margin = 48% Product Y sales = R 80000…
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A: Solution Given Sale 420000 Contribution margin 40% Margin of safety 100000
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- eBook Profit-Volume Graph For the coming year, Cabinet Inc. anticipates fixed costs of $63,450, a unit variable cost of $90, and a unit selling price of $105. The maximum sales within the relevant range are $710,640. a. Determine the maximum possible operating loss.$fill in the blank 1 b. Compute the maximum possible operating profit.$fill in the blank 2 c. Construct a profit-volume graph on paper. Indicate whether each of the following levels of sales is in the operating profit area, operating loss area, or at the break-even point. 1,000 units 2,000 units 3,000 units 4,000 units 5,000 units d. What is the break-even points in units.fill in the blank 8 unitsShow Me How E Print Item O eBook Break-Even Sales Currently, the unit selling price of a product is $370, the unit variable cost is $300, and the total fixed costs are $1,309,000. A proposal is being evaluated to increase the unit selling price to $410. a. Compute the current break-even sales (units). units b. Compute the anticipated break-even sales (units), assuming that the unit selling price is increased and all costs remain constant. units heck My Work 4 more Check My Work uses remaining. Previous All work saved. Email InstructorSohar Company’s financial information is given in the table below. Year Sales (OMR) Fixed Costs Variable Costs 2019 405000 90000 225000 2020 450000 120000 240000 Calculate: P/V ratio, E.P. Sales required to earn a profit of OMR 40000. Margin of safety at a profit of OMR 50000 Profit when sales are OMR. 200000.
- ) eBook Break-Even Point Show Me How Hilton Inc. sells a product for $59 per unit. The variable cost is $33 per unit, while fixed costs are $118,300. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $68 per unit. a. Break-even point in sales units b. Break-even point if the selling price, were increased to $68 per unit Check My Work 2 more Check My Work uses remaining. units units 凸江 Previou NoveWhen prices are rising (inflation), which costing method would produce the highest value for gross margin? Choose between first-in, first-out (FIFO); last-in, first-out (LIFO); and weighted average (AVG). Evansville Company had the following transactions for the month. Calculate the gross margin for each of the following cost allocation methods, assuming A62 sold just one unit of these goods for $10,000. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)The following information relates to the operations of a company; cost per unit from supplier- GH¢80, variable cost per unit GH¢40 and total fixed cost of GH¢300000. The company determines its selling price by adding a margin of 20%. What is the breakeven quantity?
- Dhofar Company has the following information: Total Fixed cost OMR 8000 Selling price per unit OMR 20 Variable cost per unit OMR 12, What will be the correct amount of Profit when 2500 Units have been sold? Select one: a. OMR 12000 b. None of the options c. OMR 10000 d. OMR 20000 2) Power Company's income statement for 2021 is given below. If inventory balances are 5000 in 2021 and 9000 in 2020, and if accounts payables balances are 7000 in 2021 and 12000 in 2020. Which of the following is cash payments for COGS (cash inputs)? Sales 75,000 -COGS 55,000 Gross Profit 20,000 -Operating Expenses 8,000 Operating Profit 12,000 -Interest Expense 2,000 Profit before Tax 10,000 -Tax 3,000 Net Profit 7,000 Select one: a. 54000 b. 56000 c. 59000 d. 63000Kelly Company has the following data: Sales Price per unit $590 Variable Cost per unit $413 Total Fixed Costs $10,000 If the owner wants a $20,000 target profit, what would be the amount of sales reversr e tr answer to the nearest dollar.) O $42,857 O $66,667 O $100,000 O $28,571Help Awtis Corporation has a margin of safety percentage of 25% based on its actual sales. The break-even point is $390,000 and the variable expenses are 45% of sales. Given this information, the actual profit is: Multiple Choice $104.000 $71500 $19.500 S53.625 O Type here to search ASUS
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