User Account

All Pages

What is the margin of safety assuming sales total

Assignment Help Managerial Accounting
Reference no: EM132598200

Julia Child Company sells baby car seats to retailers for an average of $85 each. The variable cost of each car seat is $48 and monthly fixed selling costs total $6,000. Other monthly fixed costs of the company total $7,000.

Question 1. What is the breakeven point in number of car seats?

Question 2. What is the margin of safety, assuming sales total $32,000?

Question 3. What is the breakeven level in car seats, assuming variable costs increase by 20%?

Question 4. What is the breakeven level in car seats, assuming the selling price goes up by 10%, fixed selling costs decline by 10%, and other fixed costs decline by $1,000?

Reference no: EM132598200

Questions Cloud

Find what is the accounting rate of return for machine : Find What is the accounting rate of return for this machine? A projected income statement for each year of the asset's life appears below.
What is the corresponding Statements of Standards : What is the corresponding Statements of Standards for Accounting and Review Services SSARS number for this guidance
What process is occurring in the plant cells : What process is occurring in the plant's cells to produce the gas in the bubbles that appear?
Portion of pam income is based on commission : Since the major portion of Pam's income is based on commission, her earnings vary from one month to the next.
What is the margin of safety assuming sales total : What is the breakeven level in car seats, assuming variable costs increase by 20%? What is the margin of safety, assuming sales total $32,000?
Transient method of transformation in plants : Which of the choices below is not true for the transient method of transformation in plants?
How cell corrects errors made in genetranscription : RNA polymerase II (Pol II), a key enzyme in our gene expression, is responsible for transcribing DNA into messenger RNA.
Find the total increase or decrease in net income : Find The total increase or decrease in net income by replacing the current machine with the new machine (ignoring the time value of money) is
How that data would be validated and used for future studies : How do you factor in unforeseen events that may reduce the number of individuals in a fish population and how that data would

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Calculate the covariance of the returns for the two stocks

Given the returns for two stocks with the following information, calculate the covariance of the returns for the two stocks. Return Stock

  Create operating income statements for both years

Lehighton Chalk Company manufactures sidewalk chalk, which it sells online, Prepare operating income statements for both years based on absorption costing.

  Prepare the flexible budget for march

Assuming the actual production was 114,000 units, prepare the flexible budget for March. Waldorn Industries prepared the static budget

  Compute each year''s current ratio

Selected comparative financial statements of Korbin Company follow.

  Find company use straight-line depreciate with zero salvage

If the old machine is replaced, it can be sold for $35200. The company uses straight-line depreciation with a zero salvage value for all of its assets

  Is marys behavior regarding cost information she provided

Is Mary's behavior regarding the cost information she provided to Susanna ethical? Support your answer by reference to the Institute of Management Accountant's Statement of Ethical Professional Practice.

  Determine the number of units of skateboards

Determine number of units of skateboards that Barnes must sell in order to earn at least $500,000. [Your answer should be rounded up nearest whole number.]

  Determine ending retained earnings

Determine ending retained earnings.Beginning Retained Earnings $140,000, Dividends Paid $30,000, Total Assets $500,000, Current Liabilities $35,000

  Explain what constitutes the components of a standard cost

Define a standard cost and explain what constitutes the components of a standard cost. Describe the advantages and disadvantages of a standard cost system.

  How much is the direct materials quantity variance

Order to make 800 scarves in April. The company purchased 1,100 yards at $4.60 per yard. How much is the direct materials quantity variance?

  What measures of performance should the company

Identify three of the most successful companies or organizations today, in your opinion. Explain why they are so successful

  Calculate the cost savings from manufacturing

Calculate the cost savings from manufacturing the component internally. Assume that Synergy Inc. has been purchasing a component necessary

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