Compute the margin of safety in dollars
Quiltworks company reported actual sales of $2,000,000, and fixed costs of $450,000. The contribution margin ratio is 30%.
(a) compute the break even point in dollars
(b) compute the margin of safety in dollars and the margin of safety ratio
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Product-cost cross-subsidization is more likely to occur when:
In the Journal provided, prepare journal entries (in good form) for the following transactions. If no entry is required, write "no entry". Omit explanations.
INstallation costs totaled $12,000, which included $4,000 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. The capitalized cost of the ten-ton draw press is:
A manufacturing company makes the products that it sells. Briefly identify and define the cost elements that are incurred in making a product. After product cost elements are identified, how is the cost of goods manufactured for a period determine
(a) compute the break even point in dollars (b) compute the margin of safety in dollars and the margin of safety ratio
Total fixed costs $313,500 variable costs per unit $90 selling price per unit $150 If management has a targeted net income of $59,400, then sales revenue should be ____________.
Assume that you are a consultant to Broske Inc., and you have been provided with the following data: D1 = $0.67; P0 = $27.50; and g = 8.00% (constant). What is the cost of common from retained earnings based on the DCF approach?
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Could you explain the importance of maintaining accurate records in regard to income, expenses, profit, budgeting, and forecasting for a restaurant?
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