Margin of safety in sales dollars, Accounting Basics

Margin of safety in sales dollars

Problem:

Assume a sales volume of 6,000 units, unit selling price of $20, unit variable cost of $12, and total fixed costs of $20,000.

Required:

Question: What is the margin of safety in sales dollars?

A. $25,000

B. $50,000

C. $70,000

D. $120,000

Note: Please show the work not just the answer.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Margin of safety in sales dollars

Reference No:- TGS0882239

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : Explain fisher''s fundamental theorem

The rate of increase in the mean fitness of any organism at any time ascribable to natural selection acting through changes in gene frequencies is exactly equal to its genetic variance in fitness at that time.

Q : Generally accepted accounting principles

Generally accepted accounting principles require that the inventory of a company be reported at:

Q : Explain extracellular digestion

What is the difference between a complete digestive system and an incomplete digestive system?

Q : Employees withholding taxes

Question: The amount of the employees' withholding taxes are:

Q : Margin of safety in sales dollars

Question: What is the margin of safety in sales dollars?

Q : Prepare an income statement for the year

Question: Prepare an income statement for the year. Note: Please provide through step by step calculations.

Q : Explain advantages of animals with complete digestive tube

What are some evolutionary advantages of animals with complete digestive tube?

Q : Lockhards built-in gains tax

Assume the original facts except the land was valued at $115, 000 instead of $120,000. What is Lockhards built-in gains tax in 2013? Please show work.

Q : Why genetic drift generatea negative linkage disequilibrium

Why do genetic drift generates negative linkage disequilibrium?

1942908

Questions
Asked

3,689

Active Tutors

1441617

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Margin of safety in sales dollars

Reference No:- TGS0882239

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Explain fisher''s fundamental theorem

Q : Generally accepted accounting principles

Q : Explain extracellular digestion

Q : Employees withholding taxes

Q : Margin of safety in sales dollars

Q : Prepare an income statement for the year

Q : Explain advantages of animals with complete digestive tube

Q : Lockhards built-in gains tax

Q : Why genetic drift generatea negative linkage disequilibrium

Normal findings during the third trimester of pregancny

What is a filler drug that is used to plump the skin

Discuss man who is diagnosed with alcohol use disorder

Marijuana should not be legalized for medical purposes

Why it is difficult for younger widows to adjust spouse loss

Which federal act mandates for healthcare facilities

List five of the coagulation regulatory proteins

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Margin of safety in sales dollars

Reference No:- TGS0882239

Recent Questions Asked Accounting Basics

Q : Explain fisher''s fundamental theorem

Q : Generally accepted accounting principles

Q : Explain extracellular digestion

Q : Employees withholding taxes

Q : Margin of safety in sales dollars

Q : Prepare an income statement for the year

Q : Explain advantages of animals with complete digestive tube

Q : Lockhards built-in gains tax

Q : Why genetic drift generatea negative linkage disequilibrium

Asked Questions