Solution-Glacial company estimates that variable costs will

Glacial company estimates that variable costs will be 70

Reference no: EM13987510

Glacial Company estimates that variable costs will be 70% of sales, and fixed costs will total $711,750. The selling price of the product is $5.

Compute the break-even point in (1) units and (2) dollars.

(1)		Break-even sales			units
(2)		Break-even sales		$

Compute the margin of safety in (1) dollars and (2) as a ratio, assuming actual sales are $3,003,165. (Round ratio to 0 decimal places, e.g. 20%.)

(1)		Margin of safety		$
(2)		Margin of safety ratio			%

Reference no: EM13987510

Questions Cloud

Calculate the tension in the support wire : By summing the torque about the axis passing through the hinge, calculate the tension in the support wire. Assume the beam is uniform so that the weight acts at its exact center.

Identify ethical principles and methodologies : Identify ethical principles and methodologies. Explain principles and procedural methodologies to resolve ethical problems. Compare the fundamental human need for health care and the constraining realities of the marketplace. Synthesize whether gover..

What challenges might delta confront in operating refinery : How can related diversification create a competitive advantage for the firm? Keeping the advantages of related diversification in mind, think back to the example in the chapter of Delta’s vertical integration decision to acquire an oil refinery—clear..

Find the probability that a randomly selected carton : If a carton contains more than one bad egg, the manager will replace the entire dozen and allow the customer to keep the original eggs. Find the probability that the manager will have to replace a randomly selected carton of eggs.

Glacial company estimates that variable costs will be 70 : Glacial Company estimates that variable costs will be 70% of sales, and fixed costs will total $711,750. The selling price of the product is $5. Compute the break-even point in (1) units and (2) dollars. Compute the margin of safety in (1) dollars an..

Direct materials used in the production of services : 1. Calculate the direct materials used in the production of services. 2. Prepare a statement of cost of services sold.

Demand management activities across the supply chain : What are the operations planning and demand management activities across the supply chain? References What are the differences among demand planning, demand forecasting, and demand management activities? References.

The same salesman has a particular trip : The same salesman has a particular trip of 48 miles, which he often takes. Four times it has taken him one hour to complete the trip and six times it has taken one and a half hours. What is his expected time per trip?

Expensive model-what is the expected purchase price : A company, which sells two different models of an item, finds 65% of its customers buy the cheaper model, for $95. The remaining 35% of the customers pay $125 for the more expensive model. What is the expected purchase price?

User Account

All Pages

Glacial company estimates that variable costs will be 70

Reference no: EM13987510

Reference no: EM13987510

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

Cosmo corporation is projecting a cash balance of 32785 in

Delay in completing the extension

Calculate the companys break-even point in dollars use the

Amount reported on balance sheet for investment

Calculate januarys ending inventory and cost of goods sold

Problem regarding credit sales and collections

Wide gap between planned results and actual accomplishments

Discuss the propriety of the charge

Unethical behaviour contribute of information technology

Patton company purchased 400000 of 10 bonds of scott co on

The little rock division of classics companies currently

Expectations theory-liquidity theory-market segmentation

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT