If margin of safety is 240000 which is 40 of sales and

Assignment Help Accounting Basics
Reference no: EM13586311

If margin of safety is $ 240000 ( which is 40% of sales) and P/V Ratio is 30%. Calculate the Break Even Sales, and the amount of Profit on sales of $ 900000.

Reference no: EM13586311

Questions Cloud

During may the production department of a process : during may the production department of a process manufacturing system completed a number of units of a product and
If an iron industry has earned contribution of 200000 and : if an iron industry has earned contribution of 200000 and net profit of 150000 on sales of 800000. what would be
The following table gives the number of electrons protons : question the following table gives the number of electrons protons and neutrons in atoms or ions of four elements
Othe basis of given data of the star industries sales : on the basis of given data of the star industries sales 100000 variable cost 75000 and fixed cost 20000 find the
If margin of safety is 240000 which is 40 of sales and : if margin of safety is 240000 which is 40 of sales and pv ratio is 30. calculate the break even sales and the amount
Martin amp associates borrowed 5000 on april 1 2013 at 8 : martin amp associates borrowed 5000 on april 1 2013 at 8 interest with both principal and interest due on march 31
Siemens made sales in two successive years 7000 units and : siemens made sales in two successive years 7000 units and 9000 units respectively and has incurred a loss of 10000 and
Define with two examples the following terms a alkali : q1. what is the mass number of an iron atom that has 28 neutrons?q2. calculate the number of neutrons of 239pu. q3.
If kasper produces a single product and sells it at 200 : if kasper produces a single product and sells it at 200 per unit. he variable cost of the product is 120 per unit an

Reviews

Write a Review

Accounting Basics Questions & Answers

  Suppose you have a winning lottery ticket and you are given

1.if the single amount of 5000 is to be received in 3 years and discounted at 6 its present value isa 4198.b 4717.c

  On september 30 2011 ace electronics issued 100000 of

on september 30 2011 ace electronics issued 100000 of 10-year 8 bonds at 100. the bonds pay interest semiannually on

  Expense account equals the amount

The long-term note payable bears interest at 12% per year. The unadjusted Interest Expense account equals the amount paid for the first 11 months of the 2009 fiscal year. The $230 accrued interest for June has not yet been paid or recorded.

  Assume that production was 100000 units and sales were

boots r us produces a variety of products for the fashion industry cowboy type boots are among its most popular

  What is the product unit cost for job 14 which consists of

what is the product unit cost for job 14 which consists of 300 units and has total manufacturing costs of direct

  Show the necessary entries in the books of wilz

Required: Show the necessary entries in the books of Wilz Ventures Plc.

  Ending inventory levels

Financial Statements of ABC Corp. indicates that ending inventory levels in 2010 and 2011 were $200,000 and $350,000 respectively. Net Sales for 2010 and 2011 were $5,000,000 and $5,500,000 respectively. Cost of Goods sold for 2010 and 2011 were $..

  Schedule of interest revenue-bond discount amortization

Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the straight-line method. Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the effective-interest method.

  Premium expense-inventory of premiums

Bonita places a coupon in each box of its product. Customers may send in five coupons and $3-A total of 400,000 boxes of product were sold in 2010. It was estimated that 6% of the coupons would be redeemed.

  Importance of evidence

What do you consider to be the most important thing for a forensic accountant to remember about evidence? Why?

  How many shares can be purchased

The fund waits until the price adjusts, how many shares can be purchased? What is the gain to such illegal trades? Assume 5,000 shares are outstanding.

  Find out the low-cost reorder point under conditions

Reorder point under conditions of uncertainty given. Find out the low-cost reorder point under conditions of uncertainty given the following information:

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