19. Underwood Company has sales of $500,000 and break-even sales of 290,000. How far can sales fall before reaching the break-even point?
Sales fall before reaching the break-even point = $500,000 - $290,000 = $210,000
19. Underwood Company has sales of $500,000 and break-even sales of 290,000. How far can sales...
9. Dean Company has sales of $500,000, and the break-even point in sales dollars is $300,000. Determine the company's margin of safety percentage. If required, round answer to nearest whole number.
The operating leverage shows how far the company’s actual sales or units are from the break-even point. True or False?
a. If Canace Company, with a break-even point at $252,000 of sales, has actual sales of $400,000, 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 45%, fixed costs were $1,777,050, and variable costswere 55% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in...
a. If Canace Company, with a break-even point at $409,200 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 30%, fixed costs were $1,631,700, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even...
a. If Canace Company, with a break-even point at $528,000 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 35%, fixed costs were $1,963,325, and variable costs were 65% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even...
a. If Canace Company, with a break-even point at $520,000 of sales, has actual sales of $800,000, 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 45%, fixed costs were $1,947,825, and variable costs were 55% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even...
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. $240,000 2. 20% 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: Determine the break-even...
The Spector Company has sales of $620,000, and the break-even point in sales dollars is $427,800. Determine the company's margin of safety as a percent of current sales.
The Rachel Company has sales of $760,000, and the break-even point in sales dollars is $638,400. Determine the company's margin of safety as a percent of current sales.
The Whitehead Company has sales of $690,000, and the break-even point in sales dollars is $531,300. Determine the company's margin of safety as a percent of current sales. %