Determine the companys margin of safety

Assignment Help Accounting Basics
Reference no: EM13536684

Melka Inc. sells a product for $80 per unit. The variable cost is $70 per unit, and fixed costs are $25,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $25,000.

Miller Inc. has sales of $1,000,000, and the break-even point in sales dollars is $800,000. Determine the company's margin of safety.

Reference no: EM13536684

Questions Cloud

Plot the number of microstates corresponding : Consider a system of 12 particles with two energy levels. Plot the number of microstates corresponding to each value of the total energy if (a) the particles are indistinguishable and (b) if the particles are distinguishable.
Violate the theory of relativity : On a clear night a laser rotated at an angular velocity of 1 radian s-1 produces a spot of light that is visible on Jupiter, 600 x 106 km distant. How fast does the spot of light move across Jupiter? Does this violate the theory of relativity? Exp..
Plot the number of microstates corresponding : Consider a system of 12 particles with two energy levels. Plot the number of microstates corresponding to each value of the total energy if (a) the particles are indistinguishable and (b) if the particles are distinguishable.
Determine the missing amounts associated with each letter : Determine the November 30 balances for each of the inventory accounts and factory overhead and determine the missing amounts associated with each letter.
Determine the companys margin of safety : Determine the break-even point in sales units and the break-even point in sales units if the company desires a target profit of $25,000 - Determine the companys margin of safety
Complete the cost schedule : Complete the cost schedule, identifying each cost by the appropriate letter (a) through (o) - Within this range, the following partially completed manufacturing cost schedule has been prepared
Determine the break-even point in units of q and z : The sales mix for products Q and Z is 20% and 80%, respectively. Determine the break-even point in units of Q and Z.
What is mcdonald contribution margin and ratio : What is McDonald contribution margin and what is McDonald's contribution margin ratio
Find how much time is spent in pushing the mower : A man pushes a lawn mower on a level lawn with a force of 186 N. If 39% of this force is directed downward, how much time is spent in pushing the mower this distance

Reviews

Write a Review

Accounting Basics Questions & Answers

  Net cost of machine for capital budgeting purposes

What is the net cost of the machine for capital budgeting purposes? (That is, what is the year 0 net cash flow?) What are the net operating cash flows in Years 1,2, and 3? What is the additional Year 3 cash flow (that is, the after-tax salvage and th..

  Prepare the adjusting journal entries

On July 31, 2013, the company paid a two-year premium of $18,000 on an insurance policy that is effective June 1, 2013, and expires May 31, 2015.

  Consequences and impacts of poor security policy

What do you think are some techniques a hospitality company could use to increase their network security? What do you think the consequences and impacts of a poor security policy or security plan have on a company?

  Inventoriable cost per unit by using variable costing

Marie's Decorating produces and sells a mantel clock for $100 per unit. In 20X5, 100,000 clocks were produced and 80,000 were sold. Other information for the year includes: What is the inventoriable cost per unit using variable costing?

  Net present value of the equipment

The new equipment is expected to generate cost savings of $20,000 per year in each of the 6 years. Kumanu's discount rate is 16%. What is the net present value of this equipment?

  Clair company reports positive current eampp of 500000 in

clair company reports positive current eampp of 500000 in 20x3 and positive accumulated eampp at the beginning of the

  The following information relates to harris

the following information relates to harris corporation.accountcurrent yearprior yearnet sales all

  Journalize entries to record flow of costs

Journalize the entries to record (a) the flow of costs into the Refining Department during the period for

  Value of ending inventory on a lifo basis

Assuming that a perpetual inventory system is used, what is the value of ending inventory on a LIFO basis?

  Who is general mills auditor

Who is General Mills auditor? On what date did the auditor completeits audit work?

  Is an accounting entry necessary on the declaration date

is an accounting entry necessary on the declaration date date of record or payment date when distributing a

  Journal entries to record the write-off of receivables

Prepare journal entries to record the write-off of receivables, the collection of $1,200 for previously written off receivables, and the year-end adjusting entry for bad debt expense.

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