What is the margin of safety for a profit

Assignment Help Cost Accounting
Reference no: EM13847423

A company has fixed cost of Rs. 90,000, Sales $ 3,00,000 and Profit of $60,000.

Required:

(i) Sales volume if in the next period, the company suffered a loss of $30,000.

(ii) What is the margin of safety for a profit of $90,000?

Reference no: EM13847423

Questions Cloud

What defines a professional presence : Social and behavioral intelligence is crucial to presenting yourself as a professional and collaborating successfully with your peers and supervisors. In the previous units, you explored and learned about what defines a professional presence
Prepare the appropriate journal entry to record tops pension : Top Foods has an underfunded pension plan. The pension expense is $58 million. Prepare the appropriate journal entry to record Top's pension expense.
Calculate amortization of the net loss or gain : For each independent case, calculate amortization of the net loss or gain that should be included as a component of pension expense for the current year.
Direct and clear is highly valued over excessive wordiness : direct and clear is highly valued over excessive wordiness
What is the margin of safety for a profit : Sales volume if in the next period, the company suffered a loss of $30,000. What is the margin of safety for a profit of $90,000?
Calculate amount of bonus and total wages under emersonplan : Standard output in 10 hours is 240 units; actual output in 10 hours is 264 units. Wages rate is $10 per hour. Calculate the amount of bonus and total wages under EmersonPlan.
What are three methods used to control health hazards : What are three methods used to control health hazards in the workplace, and in what order should they be used. What is general ventilation, and what is the major disadvantage of using general ventilation. What is a smoke tube and how is it useful
Plotting some pois on a graph : Several types of point of interests (POI) such as - (1) Petrol station, (2) Taxi Stand, (3) ATM, (4) Hospital and (5) Shopping centre are located in a city. Their locations (longitude and latitude) are provided in a text file (a file will be provided..
What are the main objectives of cost accounting : What are the main objectives of cost accounting? Discuss the treatment of over time premium in cost accounting. Explain controllable and non-controllable cost with examples.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Evaluate the net cash flows from operating activities

Prepare a statement of cash flows. Include proper heading for the financial statement, and categorize the given information into the categories of operating, investing and financial activities.

  Bob is shopping in carls hardware store when a nail gun in

bob is shopping in carls hardware store when a nail gun in utilize by dan one of carls employees fires without warning

  Journalize adjusting entries and analyze effects

Journalize adjusting entries and analyze effects - Prepaid insurance, beginning, $700. Payments for insurance during the period, $2,100.

  How many balls will have to be sold next year

Compute (a) the CM ratio and the break-even point in balls, and (b) the degree of operatingleverage at last year's sales level.

  Estimate what would be annual costs and revenues

The Heritage Amusement Park would like to construct a new ride called the Sonic Boom, which the park management feels would be very popular. The ride would cost $450,000 to construct, and it would have a 10% salvage value at the end of its 15-year..

  Compute the february conversion costs

Compute the February conversion costs in the Filtration Department and the Filtration Department completely processed 150,000 liters in February.

  How the disaggregation of information could improve

Calculate the cost per unit of Trophies, Plaques and Medallions based on a single plantwide overhead rate, if total overhead is allocated based on total direct costs and explain how the disaggregation of information could improve or reduce decision..

  How many autoimmunity tests per year will have

How many autoimmunity tests per year will have to be performed on the array machine to break even and given the present volume of tests, would there be an annual net contribution and, if so, how much?

  Compute the overall contribution margin ratio

Compute the overall contribution margin ratio for the company and compute the overall break-even point for the company in sales dollars.

  Prepare an income statement through gross profit

At the end of Cortez Department Store's fiscal year on November 30, 2012, these accounts appeared in its adjusted trial balance.

  Q1 a 10 change in a firms revenues is likely to result in a

q1 .a 10 change in a firms revenues is likely to result in a change of more than 10 in the firms operating income

  Determine the amounts of revenue or expense

Determine the amounts of revenue or expense associated with each of the following cash flows- cash received from customers was $8.5 million; accounts receivable increased by $1.6 million.

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