Calculate the margin of safety ratio

Assignment Help Managerial Accounting
Reference no: EM133186323

Question - Abu Dhabi cooperation produces and sells a single product. Data concerning that product appears below. Selling price per unit 230, Variable expenses per unit 92, fixed expenses per month 621. If actual sale is 6000, calculate the margin of safety ratio.

Reference no: EM133186323

Questions Cloud

Determine the company current ratio : Andy Inc. has $15,000 in cash, $38,000 in current receivables, $18,000 in inventories, Determine the company current ratio
Prepare year-to-date income statement for current business : The annual depreciation expenses stood at CAD$24,000. Prepare the year-to-date Income Statement for the current business and year-to-date Balance Sheet
Will robotics be continuous problem for employment : Will robotics be a continuous problem for employment? What might be some of the costs of unemployment, to the unemployed worker and to the society
What is its price : A bond that matures in 15 years and has a par value of Php15,000 and annual coupon payment of 165; its market interest rate is 4%. What is its price
Calculate the margin of safety ratio : Selling price per unit 230, Variable expenses per unit 92, fixed expenses per month 621. If actual sale is 6000, calculate the margin of safety ratio
Explain concepts of capitalism and socialism : Explain the concepts of capitalism and socialism. Identify three pros and three cons for both capitalism and socialism.
Analyse an ICT problem with a real industry client : Analyse an ICT problem with a real industry client or simulated with an internal role or industry client and design and deliver the solution adapting
What is washington net pay : Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Washington's net pay
Implications of health economic concepts for health care : Assess the value of health care professionals and decision makers understanding the discipline of health economics.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How hr can assist the finance department manager

How HR can assist the Finance Department Manager to prepare the annual budget for the finance department of a start-up company

  Assign the cost of the copy center to department

How would you assign the cost of the copy center to each department? Why?

  Managerial accounting case

ACT 6691, Managerial Accounting Case: - Read the case and analyze the information. Prepare a narrative report (or notes to the income statement) addressing why/how quantitative items were selected. The following items must be explained:

  What sales are required to achieve a profit

The company wishes to know what sales are required to achieve a profit before tax of $45,000. Explain and describe the meaning of outcome a and b

  Conversion cost for month in the first processing department

The ending inventory was 80% complete with respect to materials and 20% complete with respect to conversion costs and what are the equivalent units for conversion costs for the month in the first processing department?

  What sales volume required to obtain target after-tax profit

What sales volume required to obtain a target after-tax profit of $54,000 is? Total fixed costs = $212,500.Variable costs per unit = $30

  Apply the concepts of economies of scale

Evaluate Ubers surge pricing in the context of price discrimination and Apply the concepts of economies of scale and economies of scope to Uber's business mode

  The journal entry to record the purchase of raw materials

Soledad Corporation had $29,000 of raw materials on hand on December 1. During the month, the Corporation purchased an additional $75,200 of raw materials. The journal entry to record the purchase of raw materials would include a:

  What impact the methods had on final decision

What project will you choose and why? Your explanation must include information about the two methods, strengths and weaknesses

  What effect would have on AFN and financial ratio

If the company were able to bring these ratios into line with the industry averages, what effect would this have on its AFN and its financial ratios?

  Journalize adjusting entry on December for the amortization

On December 31, it was estimated that goodwill of $750,000 was impaired. Journalize adjusting entry on December for the amortization

  Determine the equivalent units of production for conversion

Determine for FY 2017 the cost that should be assigned to Alpha' work in process inventory at the end of FY 2017 and the equivalent units of production

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd