Determine medleys margin of safety in units

Assignment Help Accounting Basics
Reference no: EM13529229

Medley Company makes a product that sells for $19 per unit. The company pays $8 per unit for the variable costs of the product and incurs annual fixed costs of $176,000. Medley expects to sell 21,000 units of product.

Required

Determine Medley's margin of safety in units, sales dollars, and as a percentage.

Reference no: EM13529229

Questions Cloud

File sharing on a local network : File Sharing on a Local Network
Estimate the height from which the ball was thrown : A ball is tossed from an upper-story window of a building. The ball is given an initial velocity of 8.90 m/s at an angle of 23.0° below the horizontal. Find the height from which the ball was thrown
Explain what are the major factors responsible : Explain why replacement of a hydrogen on the oxygen by CH3 generally results in a lower boiling point. What are the major factors responsible for the difference in boiling points of the two ethers.
Workplace calls for a lot of planning : Installing Linux on somebody else's machine or in a location that is not your own workplace calls for a lot of planning.
Determine medleys margin of safety in units : Determine Medley's margin of safety in units, sales dollars, and as a percentage.
Explain a medium intensity sharp infrared absorption : Compound A has a parent peak of M+ = 95 m/z in its mass spectrum and shows a medium intensity sharp infrared absorption band at 2280 cm.
Evaluate the frictional force acting on the block : A 3.00-kg block starts from rest at the top of a 30.5° incline and slides 2.00 m down the incline in 1.45 s. Find the frictional force acting on the block
Determine the variable and fixed cost per unit of product : Based on this information, determine the variable and fixed cost per unit of product.
Explain how many oxygen atoms are in each molecule : A compound has a molar mass of 171.6g/mol and contains 55.94% oxygen atoms by mass. How many oxygen atoms are in each molecule of this compound

Reviews

Write a Review

Accounting Basics Questions & Answers

  How does transaction affect the accounts

XYZ Co. paid $1,000 in dividends to stockholders. How does this transaction affect the accounts of XYZ?

  Find corporation affect the basis of a shareholder stock

Do liabilities of an S corporation affect the basis of a shareholder's stock in the same manner as partnership liabilities affect the basis of a partner's partnership interest? Explain.

  Indirect method-cash flow from operations

Net income was $ 61,000 for the year. The accumulated depreciation balance increased by $14,000 over the year. There were no sales of fixed assets or changes in noncash current assets or liabilities. Under the indirect method, the cash flow from o..

  The accounts wereclosed ali taking up all the shares of the

ali and ahmed carrying business separately ascontractors jointly take up the work of constructing a research complex of

  Calculate the cost of 1000 units of bunkka-22 using the

mathias company manufactures a number of specialized machine parts. part bunkka-22 uses 35 of direct materials and 15

  Analyze the effects of each of the following transactions

analyze the effects of each of the following transactions on each of the funds andor non fund accounts. salaries and

  Merchandise on credit with terms

A company purchased $1,500 of merchandise on credit with terms 3/15, n/30. How much will be debited to Accounts Payable if the company pays $485 cash on this account within ten days?

  Determining amount of itemized deductions

They have itemized deductions of $20,000 consisting of $8,000 in medical expenses that exceed 71/2% of adjusted gross income ,$3,000 in property taxes ,$4,000 in housing interest ,and $5,000 in miscellaneous itemized deductions that exceed 2 perce..

  West coast marine amp rv is considering replacing its wired

west coast marine amp rv is considering replacing its wired pendant controllers on its heavy-duty cranes with new

  Salad daze maintains an inventory of produce worth 390 its

salad daze maintains an inventory of produce worth 390. its total bill for produce over the course of the year was

  Adirondack corporation is estimating activity costs

adirondack corporation is estimating activity costs associated with producing two different sized e-reader tablets. the

  What was the total financing cost

On June 1 capian company borrows $90,000 from first bank on a 6 month $90,000, 12% note. Prepare the entry for june 1; prepare the adjusting entry for june 30; prepare the entry at maturity (december1), assuming monthly adjustment entries have bee..

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!

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