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If Fama Company, with a The level of business operations at which revenues and expired costs are equal. break-even point at $263,200 of sales, has actual sales of $470,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. If the margin of safety for Watkins Company was 25%, Costs that tend to remain the same in amount, regardless of variations in the level of activity. fixed costs were $1,080,000, and Costs that vary in total dollar amount as the level of activity changes. variable costs were 75% of sales, what was the amount of actual sales (dollars)?
A company reports the following operation results for sales for 1 month: sales $310,000 (units 5000); variable cost $210,000; and fixed cost $75,000. If they take 3 different courses of action which will produce the highest income? Compute the net in..
Contribution income statements are used to measure the performance of:
Gulig and Doherty, a law firm, started 2012 with accounts receivable of $26,000 and an allowance for uncollectible accounts of $2,000. The 2012 service revenues on account totaled $183,000, and cash collections on account totaled $133,000. During 201..
question air france-klm af a french company makes its financial statements according to international financial
During February, Irving Corporation incurred $96,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $90,000. The journal entry to record the incurrence of the actual Manufactu..
Guilbault Midwifery’s cost formula for its wages and salaries is $2,340 per month plus $154 per birth. For the months of June, the company planned for activity of 115 births, but the actual level of activity was 112 births. The actual wages and salar..
What will be the net book value of the machine at the end of its 8 th yr of use before it is disposed of, under each depreciation method?
Bradley Snapp has deposited $6,000 in a guaranteed investment account with a promised rate of 6% compounded annually. He plans to leave it there for 4 full years when he will make a down payment on a car after graduation. How much of a down payment w..
Prepare an income statement based on the absorption costing concept. Prepare an income statement based on the variable costing concept. Describe how ?
Tremendous Corporation has acquired a number of other companies over the years. As a result, one of its reporting units (its plastics division) has reported goodwill of $600,000. Tremendous is currently making its annual test to determine if goodwill..
What is the cash break-even level of output for this project
Question 1: Which of the following parties has a legal contract?
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