Margin of safety as a percentage of sales

Assignment Help Accounting Basics
Reference no: EM13122238

Knell Corporation sells a product for $230 per unit. The product's current sales are 33,000 units and its break-even sales are 26,400 units. The margin of safety as a percentage of sales is closest to:

Reference no: EM13122238

Questions Cloud

Formula for linear function : Find a formula for the linear function described. The function, y=f(x), where f(c)=k, f(c+h)=3k and the graph of f(x) goes through the origin.
How many grams of ca3(po4)2 should be formed : Na3PO4+CaCl2 ---> Ca3(PO4)2+NaCl if 0.996 g of Na3PO4 are provided, how many grams of Ca3(PO4)2 should be formed?
Llustrate what actions would you recommend to carlos fernand : llustrate what actions would you recommend to Carlos Fernandez to help Grupo Modelo sustain or improve its competitive position, especially its international operations and its long-term financial performance?
Image and text : Discuss the relationship between image and text-particularly how they intersect to form meaning-in both media.
Margin of safety as a percentage of sales : Knell Corporation sells a product for $230 per unit. The product's current sales are 33,000 units and its break-even sales are 26,400 units. The margin of safety as a percentage of sales is closest to:
Graphing function-number of circuit boards : People assigned to assemble circuit boards for a computer manufacturing company under go on the job training. From past experience it was found that the learning curve for the average employee is given by:
Calculate least square estimates of slope and intercept : Calculate the least square estimates of the slope and intercept. What is the estimate ofσ2? Find the estimate of the mean deflection ifthe stress level can be limited to 69%.
Calculate the final temperature of the mixture : A 26.0-g sample of ice at -10.0°C is mixed with 114.0 g of water at 72.0°C. Calculate the final temperature of the mixture assuming no heat loss to the surroundings.
Explain how to apply the former without having the latter : Distinguish constructive conflict from socio emotional conflict and explain how to apply the former without having the latter become a problem.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Allocation of cost to different departments

Assume that the company follows the practice of allocating all maintenance department costs incurred each month to the divisions in proportion to the actual machine-hours recorded in each division for the month. On this basis, how much cost would ..

  Determine the accounting principles-foreign and domestic

Determine the accounting principles (GAAP) the foreign and domestic companies use to prepare financial statements.

  Auto accident and 2013 agi

Juanita, who is single, is in an automobile accident in 2012 and her car sustains $6,200 in damages. Because both drivers received tickets in the accident, Juanita does not expect to recover any of the loss from her insurance company.

  Computing total dollar return and rate of return

If Michelle purchased 100 shares of Home Depot common stock at the beginning of January for $25. She received a $1.25 dividend payment from the company at the end of December. At that time, the stock was selling for $27.50 per share. What is the d..

  Entity-level management accountant

You have been employed as an enty-level management accountant for a little year. You suspect that your immediate supervisor is invloved in a significant fraud involving diverting of company assets to personal use.

  When the fair market value of the assets acquired

When the fair market value of the assets acquired in a business purchase exceed the purchase price, negative goodwill (also called badwill) arises. When negative goodwill arises, GAAP requires that it be allocated to.

  Discuss relevance of budgeting

Discuss the relevance of budgeting as it relates to the accounting profession in general. Relate lessons learned from a self-selected reading or from something you learned while working on your accounting profession in general.

  Computing pre-determined overhead rate

Wahr Corporation bases its predetermined overhead rate on the estimated labor hours for the upcoming year. At the beginning of the most recently completed year

  Design a proposal for appropriate controls

Design a proposal for the appropriate controls to cover accounts receivable. The proposal must be based on the Apollo Shoes case. Your reading of the Apollo Shoes case should include board minutes and auditor messages and notes.

  Variance between budget-actual amounts

A performance report for direct labor shows a variance between the budget and actual amounts. This difference is a:

  Examine the concept of financial risk

Examine the concept of financial risk by answering the following questions: (a) How does the risk of a portfolio change as the number of assets in the portfolio increases?

  Sarbanes-oxley act-prevention detection

Summarize your ideas about internal controls. An introduction to internal controls, explaining in your own words the two primary goals of internal control. A description of how the Sarbanes-Oxley Act of 2002 has affected internal controls

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