What does the margin of safety in units measure

Assignment Help Financial Accounting
Reference no: EM132523327

Question 1: What does the margin of safety in units measure?

Select one:

a. how far total costs can rise before an operating loss occurs

b. how far variable costs can rise before an operating loss occurs

c. how far fixed costs can rise before an operating loss occurs

d. how far sales can fall before an operating loss occurs

Reference no: EM132523327

Questions Cloud

Does selected organization use quality management procedures : Does your selected organization use quality management procedures in its logistics system? In what ways (as you are to give some specific examples)?
Which of inventory costing techniques produceshighest profit : Which of the inventory costing techniques produces the highest profit? Which of the above techniques reports the most "current" cost on a balance sheet?
What is the profit to fig company from the special order : If Fig Company accepts the special order, what is the profit to Fig Company from the special order?Justify your final answer by providing your calculations
IT Implementation : Identify your implementation strategy. Analyze each strategy based on your project. Select the strategy that best fits your project based on your analysis.
What does the margin of safety in units measure : What does the margin of safety in units measure? how far total costs can rise before operating loss occurs, how far sales can fall beforeoperating loss occurs
Jesse plans on investing all of her lottery winnings : Assume that Jesse plans on investing all of her lottery winnings for the next 20 years. (FV)
Provide the journal entries necessary at dates to account : Provide the journal entries necessary at the 01/07/2015 dates to account for the above transactions and events. (Ignore narrations).
Impressed with ability to manage project : Your project sponsor has been impressed with your ability to manage this project. He has a project in mind for you when this project is over.
Collect specific artifacts from mobile phone : What happens if you have a legal situation and you want to collect specific artifacts from the mobile phone i.e. an iPhone such as texts or SMS messages?

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the appropriate balance for the allowance

What is the appropriate balance for the Allowance for Doubtful Accounts at year-end? and Show how accounts receivable would be presented on the balance sheet.

  Making the switch to unlimited vacation policies

More and more companies are making the switch to “unlimited vacation” policies. Discuss possible reasons for the switch, benefits and drawbacks, as well as short-term and long-term accounting implications.

  Fob shipping point

Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30, for $20,000. Pierce prepaid the $500 shipping charge.

  Why does the federal government keep two types

Currently the federal government maintains a dual system of accounts--budgetary and proprietary accounts. What are the two types of accounts? Why does the federal government keep two types?

  Using the individual income tax formula

Caitlin, age 66, is unmarried at December 31, 2016. Her husband, Bruce, died in a plane crash in January, 2015. Caitlin furnished more than 50% of the support of her parents, who did not live with her. In addition, Caitlin furnished more than half of..

  Estimates the allowance for uncollectible accounts

Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2013, Chez Fred's credit sales and collections were $125,000 and $131,000, respectively. What was the balance of accounts r..

  Operating income for the year under super-variable costing

Wahler Corporation manufactures and sells one product. In the company's first year of operations, the variable cost consisted solely of direct materials of $85 per unit. The annual fixed costs were $640,000 of direct labor cost, $2,208,000 of fixed m..

  Calculate the required ratios on the ratios worksheet

Calculate the required ratios on the Ratios worksheet for the two years 2010 and 2009 only. The ratios should be calculated on that sheet

  Compare the current ratio and acid-test ratio

Compute the gross margin ratio (both with and without services revenues) and net profit margin ratio and compare the current ratio and acid-test ratio.

  Probability distribution to the price-rate of return

Seattle Best Company common stock is currently selling for $40 per share. Security analysts at Goldman Sachs have assigned the following probability distribution to the price of (and rate of return on) Seattle Best stock one year from now: Assuming t..

  Use high-low costing method-what is variable cost per hour

Miller Landscaping is attempting to estimate costs for future projects. Miller has compiled data and decided to use the high-low costing method. The low value is $286,720 for 4,096 hours and the high value is $494,900 for 7,070 hours. What is the var..

  Journalize the necessary adjusting entries

The following information for Drake Company, which adjusts and closes its accounts every December 31, is available for 2016: Salaries accrued but unpaid total $2,840 on December 31, 2016. The $247 December utility bill arrived on December 31 and has ..

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