User Account

All Pages

What is the margin of safety ratio

Assignment Help Accounting Basics
Reference no: EM13521312

Define the term "margin of safety." If Stine Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $12,000, what is the margin of safety ratio?

Reference no: EM13521312

Questions Cloud

What is the minimum length of a runway : A small airplane needs to reach a speed of 300 km/h to take off. What is the minimum length of a runway in m that can allow the plane to takeoff if it accelerates at the rate of 4.0 m/s2
Determine the contribution margin in dollars : Determine the contribution margin in dollars, per unit and as a ratio and using the contribution margin technique, compute the break-even point in dollars and in units.
How far from initial position on ground will projectile land : A projectile is launches at 45.0o with the horizontal. Its initial speed is 250. m/s. How far from the initial position on the ground will the projectile land
Compute the contribution margin per unit : Compute the contribution margin per unit of limited resource for each product - Contribution margin per unit-Product
What is the margin of safety ratio : Define the term "margin of safety." If Stine Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $12,000, what is the margin of safety ratio?
Prepare a cvp income statement through contribution margin : The traditional income statement for Renfro Company shows sales $900,000, cost of goods sold $500,000, and operating expenses $200,000. Assuming all costs and expenses are 70% variable and 30% fixed, prepare a CVP income statement through contrib..
Compute the required sales and target net income : For Turgo Company, variable costs are 60% of sales, and fixed costs are $195,000. Management's net income goal is $75,000. Compute the required sales in dollars needed to achieve management's target net income of $75,000.
Find the classical angular frequency of oscillation : The energy of a particle in the n = 3 excited state of a harmonic oscillator potential is 5.87 eV. What is the classical angular frequency of oscillation of this particle
What speed does the puck have : A 200-g hockey puck is launched up a metal ramp that is inclined at a 30 degree angle. What speed does the puck have when it slides back down to its starting point

Reviews

Write a Review

Accounting Basics Questions & Answers

  Income statement effects of the transacton

(a) Journalize the transactions. (b) Indicate the income statement effects of the transacton.

  Discuss briefly the accounting irregularities found

Discuss briefly the accounting irregularities found in ENRON and HIH's corporate collapse. Also discuss, the role auditors played and how they could have helped to avoid these collapses.

  What is jason interest income for 2012

What is the total amount of interest Jason's Deli earned from the loan to Mark Johnson?

  Compute price and quality variances for nursing costs

the emergency room at rochester general hospital uses a flexible budget based on patients seen as the measure of

  Taxpayer basis for the acquired stock

Jenny received nontaxable stock rights on June 9, 2009. She allocated $3,800 of the $20,000 basis for the associated stock to the stock rights. The stock rights are exercised on October 12, 2009. The exercise price for the stock is $11,000. What i..

  Amount of the low-income housing credit

Chris spends $800,000 to build a qualified low-income housing project, which is placed in service on January 1, 2005. He financed the project using his personal funds. What is the amount of the low-income housing credit that Chris may claim in 200..

  Developing standards for products

Harnish Corporation is developing standards for its products. One product requires an input that is purchased for $55.00 per kilogram from the supplier. By paying cash, the company gets a discount of 8% off this purchase price.

  What next year sales forecast shows

Next year's sales forecast shows that 20,000 units of Product A and 22,000 units of Product B are going to be sold for prices of $10 and $12, respectively.

  Types of gaap accounting methods

Fund accounting is very different from commercial accounting, but has a lot of similarities as well. Discuss the similarities and differences between these two types of GAAP accounting methods.

  What is the amount of payments that must be made at end of

what is the amount of payments that must be made at end of each 8 years to accumulate a fund of 90000 by the end of 8th

  Calculate the direct materials price variance

Arrow manufactured 19,000 units of product during May using 142,500 pounds of direct material and 5,000 direct labor hours. a. Calculate the direct materials price variance for May.

  Prepare the general journal entries necessary to record

Prepare the general journal entries necessary to record the following selected transactions of the General Fund of the City of Roxyville.

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