User Account

All Pages

What is the margin of safety

Assignment Help Managerial Accounting
Reference no: EM132919957

Question - If the costs of production for 2000 units are £20,000 (variable) and £13000 (fixed), and the units are all sold for £40,000, what is the margin of safety as a percentage of the units sold?

A. 50%

B. 75%

C. 63%

D. 35%

Reference no: EM132919957

Questions Cloud

What is your balance of Accounts Payable as of July : In the past you usually pay for 70% of purchases in the month purchased and 30% the next month), what is your balance of Accounts Payable as of July 31st
How does the option grant affect net income : The exercise price of the options is $50. The fair value of the option grant is $468,000. How does the option grant affect net income
Calculate the depreciation for this asset : Calculate the depreciation for this asset for 2020 and 2021 using the straight-line method and assuming Gambit prepares financial statements
How perception affects social situations : In this unit, you are learning about how perception affects social situations. Schemata such as prototypes, personal constructs, stereotypes, and scripts can al
What is the margin of safety : If the costs of production for 2000 units are £20,000 (variable) and £13000 (fixed), and the units are all sold for £40,000, what is the margin of safety
Prepare the june entry : On 1/1/18, SJK Co. started the year with a beginning balance in unearned revenues of $36,000, by June 30, 2018, Prepare the June 30 entry
How important is break-even analysis to a firm : How important is break-even analysis to a firm? Do you suppose that large companies do break-even analysis as well as small companies
Compute the break-even sales for the overall product : How many units of each product, baseball bats and baseball gloves, would be sold at the break-even point? Compute the break-even sales for the overall product
Find the net book value for buildings at the end of the year : Buildings are depreciated using the straight line method, with 40 years useful life and a resale value of 30000. Find the net book value for buildings

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is the total amount of expected cash collections

What is the total amount of expected cash collections during the third quarter? Millard learned that 90% of the revenues are collected in the quarter

  Prepare schedule of costs of goods manufactured for month

Prepare a schedule of costs of goods manufactured for the month ended 30 April 2020. Show the actual manufacturing overhead

  Why matt company uses activity-based costing

The activity-based costing cost per unit of Product A is closest to: (Round your intermediate calculations to 2 decimal places.)

  What are the price and rate variances of direct materials

Assume that the quantity of direct materials purchased, What are the price and rate variances of direct materials and direct labour respectively?

  Make the journal entries to record the transaction

Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required)

  Determine and add all overhead amounts to obtain the total

Add all overhead amounts to obtain the total. Divide individual overhead amounts by budgeted production volume for each product to obtain overhead per unit

  The biggest challenges that accounting profession will face

The biggest challenges that the accounting profession will face over the next decade

  Determine the lowest transfer price

Part 43X costs the Southern Division of Norris Corporation $27 to produce. Making up that cost are direct materials of $9, direct labor of $5

  Calculate the debt-to-equity ratio

Ernst Company's balance sheet shows total liabilities of $32,500,000, total stockholders' equity of $8,125,000, Calculate the debt-to-equity ratio

  Discuss the policy options of the countrys net exports

Discuss the long term strengths and weaknesses of the macroeconomy of Nigeria - Analyze the trade position of Nigeria and discuss the country''s comparative advantage.

  How many sweaters does heather have to sell each month

In both a worst case and best case scenario, how many sweaters does Heather have to sell each month to make a target profit of $84,000 per year

  Cadence and cross master and departmental budgets

Five years ago, Jack Cadence left his position at the large company to start Advanced Technologies Co. (ATC), a software design company. ATC's first product was the unique software package which seamlessly integrates networked PCs.

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