How much is his margin of safety expressed in sales revenue

Assignment Help Accounting Basics
Reference no: EM132591305

Question - Americana Replics is owned and operated by a craftsman who makes replicas of historic firearms for museums, sportsmen, and collectors. He is currently producing 63 flintlock muskets per month. Cost data for the muskets are as follows: Price per unit $750 Variable costs per unit 480 Fixed costs per month 8,400.

If Rustic expects to sell 60 units per month, how much is his margin of safety expressed in sales revenue?

Reference no: EM132591305

Questions Cloud

Describe a special purpose building and the risk associated : Describe the three different types of financial statements a CPA would prepare. Describe a special purpose building and the risk associated to taking
Calculate the Murphy medical expense deduction : Premiums on an insurance policy that pays $100 per day for each day and Margaret is hospitalized 400. Calculate the Murphy medical expense deduction
How to estimate the average distance : Using the Fermi method, describe how to estimate the average distance driven by an average person per day.
FINA6000 Managing Finance Assignment : FINA6000 Managing Finance Assignment Help and Solution, Laureate International Universities - Assessment Writing Service - Evaluate financial performance
How much is his margin of safety expressed in sales revenue : If Rustic expects to sell 60 units per month, how much is his margin of safety expressed in sales revenue
Find the net realizable value of all inventory : The remaining raw materials costing USD15,000 can be sold at 85% of the cost. The net realizable value of all inventory is
Why you think the program is or will be successful : Find an article that explains/gives an example of an innovative program or an organization that promotes internal employee relations and give a brief.
Explain forms of intellectual intangible property protection : Provide an example of a business dispute involving intellectual property within the last two years. Use the Strayer University Legal Resource Tool
What is the amount of gross profit realized : What is the amount of gross profit realized during 2020? What is the amount of inventory of unsold straight chairs on December 31, 2020

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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