User Account

All Pages

Compute the margin of safety in dollar and sales

Assignment Help Managerial Accounting
Reference no: EM132557013

Sam Company estimates that variable costs will be 60% of sales, and fixed cost will total $800,000. The selling price of the product is $10 per unit.

Instructions:

Question 1: Compute the break-even point in (a) units and (b) dollars sales.

Question 2: Compute the margin of safety in (a) dollars and (b) as a ratio, assuming actual sales are $2.5 million.

Question 3: Present a CVP graph, assuming maximum sales of $3,200,000. (Note: Use $400,000 increments for sales and costs and 100,000 increments for units.)

Reference no: EM132557013

Questions Cloud

Determine the book value of the investment : Use this information to determine the book value of the investment that should be reported at year end by All Good Company
Discuss about an international code of business ethics : Your VP of HR wants you to do some research on whether or not the company should have an international code of business ethics since your company is based.
What are disadvantages of absorption and variable costing : If operations proceed as described, what will net income for the year in total be under ( a ) variable costing and ( b ) absorption costing?
Write down the description of the community : The community i choose is the black christian community: choose a picture that represents the characteristics you identified in the community.
Compute the margin of safety in dollar and sales : Present a CVP graph, assuming maximum sales of $3,200,000. (Note: Use $400,000 increments for sales and costs and 100,000 increments for units.)
Finding the best buy : Corporate governance has become a hot issue in the U.S. over the past two decades. Make recommendations for how Best Buy can overcome these challenges.
What is the difference between gyring and a gimbling : Reading this passage passively, with the intention to learn what is written, would allow you to answer some types of questions about it. For example.
How the acceptance of a special order will improve : How The acceptance of a special order will improve overall net operating income so long as the revenue from the special order exceeds
What the company inventory turnover was closest to : The beginning inventory balance was $20,000 and the ending inventory balance was $26,000. The company's inventory turnover was closest to

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd