(Answered) Question - if a business had a capacity of 10000000 of

Accounting

Question - If a business had a capacity of $10,000,000 of sales, actual sales of $6,000,000, break-even sales of $4,200,000, fixed costs of $1,800,000, and variable costs of 60% of sales, what is the margin of safety expressed as a percentage of sales?

View complete question

Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92771076
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Accounting Basics

Questions answer the following questions all the questions

Questions: Answer the following questions. All the questions below are based on it. You are NOT allowed to cite information from other sources!!! It is based on Australian accounting system so do not rely too much on you ...

Question using the financial statements distributed in

Question: Using the Financial Statements distributed in Class and attached to this file folder, please complete a Statement of Cash Flow and a Free Cash Flow Analysis for 2017. Also, prepare an Additional Funds Needed (C ...

Question - bill and linda are married and file a joint

Question - Bill and Linda are married and file a joint return for 2017.They have a daughter, Betty, age 21. Betty is a full time student at community college. Betty has no income, lives with her parents, and they provide ...

Question - given1 purchased land for 12500 cash2 acquired

Question - Given 1. Purchased land for $12,500 cash. 2. Acquired $40,000 cash from the issue of common stock. 3. Received $79,000 cash for providing services to customers. 4. Paid cash operating expenses of $40,500. 5. B ...

Question - the inouyes filed jointly in 2018 their agi is

Question - The Inouyes filed jointly in 2018. Their AGI is $78,000. They reported $2,000 of qualified business income and $22,000 of itemized deductions. They have two children, one of whom qualifies as their dependent a ...

Question - randolph company has two departments department

Question - Randolph Company has two departments (Department A and Department B) for Job #111. As cost drivers used to apply overhead to products, the Department A uses machine-hours and the Department B uses direct labor ...

Question - from the information below bank reconciliation

Question - From the information below, bank reconciliation for the month of January 2015. (a) January 31, 2015 cash balance per book for the company is $35,342.02 (b) Bank statement balance at January 31, 2015 is $33,017 ...

Question - culver corporation having recently issued a

Question - Culver Corporation, having recently issued a $20,075,700, 15-year bond issue, is committed to make annual sinking fund deposits of $625,000. The deposits are made on the last day of each year and yield a retur ...

Question - texas roadhouse opened a new restaurant in

Question - Texas Roadhouse opened a new restaurant in October. During its first three months of operation, the restaurant sold gift cards in various amounts totaling $2,900. The cards are redeemable for meals within one ...

Question - on january 1 eastern college received 1370000

Question - On January 1, Eastern College received $1,370,000 from its students for the spring semester that it recorded in Unearned Tuition and Fees. The term spans four months beginning on January 2 and the college spre ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Accounting Basics Expert