User Account

All Pages

Margin of safety and the margin of safety ratio

Assignment Help Accounting Basics
Reference no: EM13972960

Miller Metal Co. makes a single product that sells for $41 per unit. Variable costs are $26.1 per unit, and fixed costs total $65,060 per month.

Required:

a. Calculate the number of units that must be sold each month for the firm to break even.

b. Assume current sales are $420,000. Calculate the margin of safety and the margin of safety ratio.

Reference no: EM13972960

Questions Cloud

What mass of oxygen must have leaked into the bottle : Analysis of 1.00 mL showed that there were 0.0274 grams of acetic acid in that 1.00 mL. The density of ethanol is 0.816 g/mL and the density of water is 1.00 g/mL. What mass of Oxygen must have leaked into the bottle?
How you would divide the fields into different tables : How you would divide the fields into different tables so that all tables are fully normalized. This means no redundancy. Think about this one.
Computing the internal rate of return : A project has an initial outlay of $1,554. It has a single cash flow at the end of year 10 of $5,577. What is the internal rate of return (IRR) for the project?
Describe the mode of action of the antibiotic class : Summarize the topics you described and explain how the characteristics of your pathogen can be used to control it.
Margin of safety and the margin of safety ratio : Calculate the number of units that must be sold each month for the firm to break even. Assume current sales are $420,000. Calculate the margin of safety and the margin of safety ratio.
Calculate the moment of inertia : A discus thrower exerts a torque of 6 Nm on a 2.25 kg discus at an angular velocity of 6.3 rad/sec. The discus has a radius of gyration of 0.10 m. Assume that no other torque or force is acting on the discus than what is provided in this scenario...
Determine which relationships will need to be created : Determine which relationships will need to be created, as well as the type of relationship. Clearly indicate the type (i.e., One-to-One, One-to-Many) for all proposed relationships.
Compose response to either support or refute initial entry : Compose a response to either support or refute the initial entry. You don't have to agree with the side you write about; you just need to demonstrate critical thinking.
Definition of a pathogen and examples of control techniques : Use the information in your readings about metabolism to discuss how knowledge of the metabolic requirements of a given pathogen can help us to control it. Include the definition of a pathogen and examples of control techniques to support your ans..

Reviews

Write a Review

Accounting Basics Questions & Answers

  The ethical standards of accounting practices

The ethical standards of accounting practices to analyze the situation

  Why is balance in retained earinings so large

Prepare a classified balance sheet as of Dec 31 2006. Why is the balance in Retained Earinings so large as compared with the balance in Capital Stock?

  Using either 1 or 2 approach 1 forecast the next two years

using either 1 or 2 approach 1. forecast the next two years by using the three-year average rate of growth in sales of

  Jacobsen leasing company leases a new machine that has a

jacobsen leasing company leases a new machine that has a cost and fair value of 62100 to stadler corporation on a

  Providing services on account

How is the accounting equation affected by providing services on account?

  Lease versus buy decision

Use of the time value of money concept applied to the lease versus buy decision. How does TVM affect the options involved

  Equation by inserting coefficients

Balance the following equation by inserting coefficients

  How can a manager use information about how the firm spends

how can a manager use information about how the firm spends money on quality initiatives to assess whether those

  7 million of 11 bonds were issued for 7 million on augues

at december 31 2011 newman engineerings liabilities include the following 1. 10 million of 9 bonds were issued for

  Evaluate the pros and cons of the present university

Eastern University pays the benefit directly to the university where the staff/faculty member's child is enrolled or if the student is attending Eastern, it reduces the amount of tuition owed by the faculty/staff member.

  Fr each proposal compute the 1 payback period 2 return on

micro technology is considering two alternative proposals for modernizing its production facilities. to provide a basis

  Responsibility accounting system

In Golub's responsibility accounting system, how much advertising expense should be charged to the department responsible for marketing Product A?

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