Margin of Safety
a. If Canace Company, with a break-even point at $547,800 of sales, has actual sales of $830,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number.
1. $
2. %
b. If the margin of safety for Canace Company
was 40%, fixed costs were $1,413,600, and variable costs were 60%
of sales, what was the amount of actual sales (dollars)?
(Hint: Determine the break-even in sales dollars
first.)
$
Margin of Safety a. If Canace Company, with a break-even point at $547,800 of sales, has...
Margin of Safety a. If Canace Company, with a break-even point at $396,000 of sales, has actual sales of $660,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 40%, fixed costs were $2,006,400, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint:...
Margin of Safety a. If Canace Company, with a break-even point at $341,600 of sales, has actual sales of $610,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number 1. $ 2.1 % b. If the margin of safety for Canace Company was 40%, fixed costs were $1,533,600, and variable costs were 60% of sales, what was the amount of actual sales (dollars)? (Hint:...
Margin of Safety a. If Canace Company, with a break-even point at $960,000 of sales, has actual sales of $1,200,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 20%, fixed costs were $1,875,000, and variable costs were 80% of sales, what was the amount of actual sales (dollars)? (Hint:...
Margin of Safety a. If Canace Company, with a break-even point at $416,100 of sales, has actual sales of $ 730,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 20%, fixed costs were $1,404,800, and variable costs were 80% of sales, what was the amount of actual sales (dollars)?...
Margin of Safety a. If Canace Company, with a break-even point at $518,000 of sales, has actual sales of $740,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 30%, fixed costs were $1,633,800, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint:...
Margin of Safety a. If Canace Company, with a break-even point at $539,500 of sales, has actual sales of $650,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $? 2. ? % b. If the margin of safety for Canace Company was 35%, fixed costs were $1,688,050, and variable costs were 65% of sales, what was the amount of actual sales (dollars)?...
Margin of Safety a. If Canace Company, with a break-even point at $390,400 of sales, has actual sales of $640,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 20%, fixed costs were $1,249,600, and variable costs were 80% of sales, what was the amount of actual sales (dollars)? (Hint:...
Margin of Safety a. If Canace Company, with a break-even point at $448,000 of sales, has actual sales of $560,000, what is the margin of safety expressed (1) in dollars and (2) percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. b. If the margin of safety for Canace Company was 30%, fixed costs were $1,707,300, and variable costs were 70% of sales, what was the amount of actual sa (dollars)? (Hint: Determine the break-even...
Margin of Safety a. If Canace Company, with a break-even point at $477,400 of sales, has actual sales of $620,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number, 1. 142,600 2. 23 % b. If the margin of safety for Canace Company was 25%, fixed costs were $1,327,500, and variable costs were 75% of sales, what was the amount of actual sales (dollars)?...
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