User Account

All Pages

What was francis margin of safety percentage

Assignment Help Managerial Accounting
Reference no: EM133534139

Question: Francis' Famous Chocolate Bar Company sells chocolate bars to the students of GBC. Francis buys his chocolate bars for $0.50 from a supplier and sells them for $1. During 2017, Francis sold 100,250 chocolate bars and had fixed costs of 12,000.

Required: For 2017, what was Francis' Margin of Safety Percentage?

Reference no: EM133534139

Questions Cloud

What is the effective interest rate for happy savings bank : What is the Effective Interest Rate for Happy Savings Bank? What is the Effective Interest Rate for People's Credit Union? Where should you open your account?
What are the elements that should be present in provision : What are the elements that should be present in the provision of services, taking into consideration the quality of services and customer satisfaction?
Analyze the axioms of empowerment theory and its implication : Analyze the axioms of empowerment theory and its implications for social work practice and social policy formulation.
What are some business-level and corporate-level strategies : What are some business-level and corporate-level strategies the organization is pursuing? What industry changes do you think a middle manager in the business
What was francis margin of safety percentage : what was Francis' Margin of Safety Percentage? Francis' Famous Chocolate Bar Company sells chocolate bars to the students of GBC
Create a figure displaying this distribution : Calculate a mean and standard deviation (SD) of the total score variable for this class and create a figure displaying this distribution.
What is the net present value of the cash flows from : what is the net present value of the cash flows from the investment, discounted at 12%? The machine will cost $1,830,000 and is expected to produce a $203,000
What is the importance of followership in this regard : What would be examples of how various theories support innovation and entrepreneurial spirit within organizations. What is the importance of followership
What is the accounts payable at the end of march : Estimate the purchases (in units) for the months of January through March. Estimate the cash disbursements on purchases for the months of January through March.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How much registration fees will you need to charge

How much registration fees will you need to charge each conference participant to make the target £1,000 profit if you have 100 registrations

  What fixed overhead production volume variance is closest to

What Fixed Overhead production volume variance is closest to and What Labour Efficiency variance is closest to and Fixed overhead rate variance is closest to

  Explain two costs that are relevant to decision

Explain two costs that are relevant to your decision and two costs that are irrelevant to this decision and why they are relevant or irrelevant.

  Compute the balance in the accounts at the end of april

Post the April transactions to the T-accounts and compute the balance in the accounts at the end of April. (Round your answers to 2 decimal places

  Compute the equivalent units of materials labor and overhead

Compute the equivalent units of materials, labor, and overhead in the ending inventory for the month.

  Explain the different types of reports that are used

Accounting reports are a matter of necessity. Elaborate and explain the different types of reports that are used for the internal management of an enterprise.

  Calculate the predetermined overhead rate for current year

Calculate the predetermined overhead rate for the current year and use this rate to apply overhead to the jobs that are worked during February.

  Performance drinks - a further study of regression analysis

i need a word document and an excel document with the answers to this problem that are attached. i believe that this

  Evaluate the break-even point in total sales dollars

Compute the break-even point in total sales dollars and in units for 2014 and paul was a marketing major in college. He believes that sales volume can be increased only by intensive advertising and promotional campaigns.

  How should ghb allocate its production capacity

How should GHB allocate its production capacity between bread and cookies - What 3 nonfinancial considerations could have an impact on the decision to outsource

  Prepare the cost the reconciliation statement

Prepare the cost the reconciliation statement. Ltd manufactures a range of products and the data below refer to oneproduct which goes through one process

  Determine sales volume and sales revenue

Determine breakeven total volume of sales and sales volume for each product and Determine sales volume and sales revenue for the company to earn Br500,000 profit after 30% profit tax.

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