Question

Margin of Safety

**a.** If Canace Company, with a break-even point
at $392,200 of sales, has actual sales of $530,000, 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 $1,304,100, and variable costs were 70%
of sales, what was the amount of actual sales (dollars)?

(*Hint:* Determine the break-even in sales dollars
first.)

$

Answer #1

Margin of Safety
a. If
Canace Company, with a break-even point at $518,500 of sales, has
actual sales of $850,000, 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
$1,676,675, and variable costs were 65% of sales, what was the
amount of actual sales (dollars)?
(Hint:...

Margin of Safety
a. If Canace Company, with a break-even point
at $230,400 of sales, has actual sales of $360,000, 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 $1,372,800, and variable costs were 60%
of sales, what was the amount of actual sales (dollars)?
(Hint:...

a. If Canace Company, with a break-even point
at $407,100 of sales, has actual sales of $590,000, 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 $1,540,175, 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 $248,400 of sales, has actual sales of $360,000, what is the
margin of safety expressed (1) in dollars and (2) as a percentage
of sales? Round the percentage to the nearest whole number.
1. 111,600$
2. 31%
b. If the margin of safety for Canace Company
was 45%, fixed costs were $2,059,200, and variable costs were 55%
of sales, what was the amount of actual sales (dollars)?
(Hint: Determine the break-even...

If Canace Company, with a break-even point at $324,500 of sales,
has actual sales of $590,000, 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.
b. If the margin of safety for Canace Company
was 40%, fixed costs were $2,028,000, and variable costs were 60%
of sales, what was the amount of actual sales (dollars)?
(Hint: Determine the break-even in sales dollars
first.)

a. If Canace Company, with a break-even point at $372,600 of
sales, has actual sales of $460,000, 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 $913,600, and variable costs were 80% of sales, what was
the amount of actual sales (dollars)? $____________________

Margin of Safety
a. If Fama Company, with a break-even point at
$525,600 of sales, has actual sales of $720,000, 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 Watkins Company
was 35%, fixed costs were $1,410,500, and variable costs were 65%
of sales, what was the amount of actual sales (dollars)?
(Hint:...

1.
Margin of Safety
a. If Canace Company, with a break-even point
at $423,400 of sales, has actual sales of $580,000, 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 25%, fixed costs were $1,537,500, and variable costs were 75%
of sales, what was the amount of actual sales (dollars)?...

If Fama Company, with a break-even point at $489,100 of sales,
has actual sales of $670,000, what is the margin of safety
expressed (1) in dollars and (2) as a percentage of sales? Round
the percentage to the nearest whole number.
1. ____$
2. ____%
b. If the margin of safety for Watkins Company was 40%, fixed
costs were $1,644,000, and variable costs were 60% of sales, what
was the amount of actual sales (dollars)?
(Hint: Determine the break-even in...

Margin of Safety
a. If Canace Company, with a break-even point
at $245,100 of sales, has actual sales of $430,000, 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 $1,363,200, and variable costs were 60%
of sales, what was the amount of actual sales (dollars)?
(Hint:...

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