User Account

All Pages

What is the company margin of safety as percentage of sales

Assignment Help Accounting Basics
Reference no: EM132071245

Question - Highjinks, Inc., has provided the following budgeted data:

Sales 20,000 units

Selling price $100 per unit

Variable expense $70per unit

Fixed expense $450,000

What is the company's margin of safety as a percentage of sales?

50%

100%

25%

75%

Reference no: EM132071245

Questions Cloud

Performed procurement activities : Provide 1 example of a time when you feel that you successfully performed procurement activities. Explain why you think it was successful.
Calculate the new degree of operating leverage : At a $400,000 sales level, the degree of operating leverage is 5. If sales increase by $40,000, the new degree of operating leverage will be (rounded)
Prevent the problems from the beginning of the project : 1. What steps could have been taken to prevent the problems from the beginning of the project?
Determine three types of computer crime : Conduct research to determine three types of computer crime. Please provide a detailed description for all crimes, and share an example.
What is the company margin of safety as percentage of sales : Highjinks, Inc., has provided the following budgeted data: Sales 20,000 units. What is the company's margin of safety as a percentage of sales
What are the steps you took to harden iis : Should the security updates for IIS, and the server it is hosted on, be installed as soon as they are available?
Prevent the problems from the beginning of the project : What steps could have been taken to prevent the problems from the beginning of the project?
Do you believe net neutrality will lead to it efficiency : Discuss how net neutrality will affect data networks and the availability of information to businesses.
Create a chart that compares their features : Identify three network firewalls, and create a chart that compares their features.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Establishment of 1231 assets

Why did Congress establish favorable treatment for 1231 assets?

  Abc inc entered into a four-year lease of equipment for

abc inc. entered into a four-year lease of equipment for 9000 a year payable at the beginning of each year. the lessor

  Prepare the adjusting journal entries

Barb has found the following adjusting entries that need to be made to the Unadjusted Trial Balance. Prepare the Adjusting Journal Entries

  Discuss the qualitative concept of comparability

Discuss the qualitative concept of comparability. In your opinion, would the financial statements of companies operating in one of the foreign countries

  Describe the different kinds of fraud andthe fraud triangle

Describe the different kinds of fraud andthe Fraud Triangle, an auditor's responsibility to identify and assess fraud

  Show the effects on amelia financial statements

Use the horizontal model to show the effects on Amelia, Inc.'s financial statements of the purchase of the treasury stock on April 10, 2016

  Complete the appropriate journals

BSBFIA303A Process accounts payable and receivable Assignment - Accounts Payable. Using all the source documents on the following pages, complete the appropriate journals, using the templates provided: purchases journal and purchases returns & allowa..

  How is normal costing similar to actual costing

How is normal costing SIMILAR to actual costing? Which of the following is not used to compute the cost of a manufactured product?

  Home company manufactures tables with vinyl tops the

home company manufactures tables with vinyl tops. the standard material cost for the vinyl user per type-r table is

  Compute the amount of phantom profit

Compute the amount of phantom profit that would result if the company used FIFO rather than LIFO

  Prepare all journal entries for garden grove corporation

Prepare all journal entries for Garden Grove Corporation in connection with this sale assuming that the company closes its books on September 30.

  Karen austin corporation has capitalized software costs of

karen austin corporation has capitalized software costs of 709500 and sales of this product the first year totaled

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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