What is the margin of safety in dollars

Assignment Help Accounting Basics
Reference no: EM132530162

Question - The manager at Tom's Taxidermy expects to sell 900 units at $80 each unit. In order for the manager to breakeven, the manager must sell 100 units. What is the margin of safety in dollars?

Reference no: EM132530162

Questions Cloud

What is the relevant amount of the standard cost : What is the relevant amount of the standard cost per unit to be considered in decision of whether to make part internally or buy it from the external supplier?
Stages of cognitive development : According to the text, how do the views of stronger, more developed critical thinkers toward authority differ from those in earlier stages of cognitive developm
What a limitation of the internal rate of return method is : What A limitation of the internal rate of return method is that it? Does not consider the time value of money. Lacks ability to compare dissimilar projects.
What is the monthly margin of safety as a percentage : Variable expenses are 80% of sales and monthly ?xed expenses are $800. What is the monthly margin of safety as a percentage of target sales in dollars
What is the margin of safety in dollars : In order for the manager to breakeven, the manager must sell 100 units. What is the margin of safety in dollars
What cost of capital is called the : A company's required rate of return, typically its cost of capital is called the?Average rate of return. Internal rate of return. Maximum rate.
Find after-tax net income divided by average amount : Find After-tax net income divided by the average amount invested in a project, is the? Accounting rate of return. Earnings from investment.
Determine disadvantages of using traditional predictors : Determine three (3) advantages and three (3) disadvantages of using traditional predictors (e.g., resume-bio presentations, interviews, reference checks, etc.).
Post brief description of the types of internal assessments : Post a brief description of the types of internal and external assessments used by the agency that you selected for your Final Project for marketing new health.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Canada pension plan contribution deficiencies

In May of the current year, your employer received a PIER report from the CRA that identified Canada Pension Plan (CPP) contribution deficiencies for employees in the organization who:

  What should amelia report as total contributed capital

These subscribed shares were paid for on January 2, 2012. What should Amelia report as total contributed capital on its December 31, 2011, balance sheet

  Prepare a monthly flexible budget

Prepare a monthly flexible budget for each $13,700 increment of sales within the relevant range for the year ending December

  What number of money orders need to be sold per day

Store 24 has figured it's estimated sales price for money orders. What number of money orders need to be sold per day in order to breakeven per store?

  Prepare a cash budget for the month assume the percentage

you would like to start a business manufacturing a unique model of bicycle helmet. in preparation for an interview with

  Excellent global positioning system circuit card

The purchasing department has found an excellent global positioning system circuit card in Germany that can provide your firm with a competitive advantage in the marketplace. Delivery of the circuit cards is 6 months from date of order.

  Sales forecast for beginning of the upcoming fiscal year

Sales are budgeted at $220,000 for November, $200,000 for December, and $210,000 for January. Collections are expected to be 70% in the month of sale, 27% in the month following the sale, and 3% uncollectible.

  Identify at least two activities at apple and at google

Identify at least two activities at Apple and at Google that cause costs to be incurred. Is activity-based costing useful for companies such as Apple and Google

  What journal entry is needed to record payroll from week

What journal entry is needed torecord the payroll from the week prior (week ending 05/22, payroll computation happening on Tuesday 05/26).

  Difference between absorption and variable costing

Determine the difference between absorption and variable costing witout preparing an incom statement.

  Calculate the issue price of the bonds

Calculate the issue price of the bonds?

  Assess senior management responsibility for the failure

Assess senior management responsibility for the failure in question. Specify what the senior management could have done differently to avoid the failure.

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