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Oliver Co. sells themed beauty product gift boxes for $30 per box. The box and items in it cost Oliver Co. $8 per box. The fixed expenses for the year are $45,000. Oliver Co. is expecting to sell approximately 33,000 units per year. What is the margin of safety in units, round to a whole number? Bear Tents Inc., a outdoor gear retailer, shows the following for March: tents sold 2,000 selling price per unit $100.00 variable selling costs per unit $12.00 fixed selling and administrative costs $20,000 beginning merchandise inventory $10,000 ending merchandise inventory $20,000 merchandise purchases $86,000 What was the operating leverage for this period, rounded to two decimal places? Bear Vinegars creates and sells fermented flavored vinegars. Their fixed costs per month run $86,000. Using the data below, solve for breakeven in sales revenue, rounded to the nearest whole number: Sales revenue Variable expenses Robust Delicate $50,000 $80,000 $17,000 $30,000

Oliver Co. sells themed beauty product gift boxes for $30 per box. The box and items in it cost Oliver Co. $8 per box. The fixed expenses for the year are $45,000. Oliver Co. is expecting to sell approximately 33,000 units per year. What is the margin of safety in units, round to a whole number? Bear Tents Inc., a outdoor gear retailer, shows the following for March: tents sold 2,000 selling price per unit $100.00 variable selling costs per unit $12.00 fixed selling and administrative costs $20,000 beginning merchandise inventory $10,000 ending merchandise inventory $20,000 merchandise purchases $86,000 What was the operating leverage for this period, rounded to two decimal places? Bear Vinegars creates and sells fermented flavored vinegars. Their fixed costs per month run $86,000. Using the data below, solve for breakeven in sales revenue, rounded to the nearest whole number: Sales revenue Variable expenses Robust Delicate $50,000 $80,000 $17,000 $30,000

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Oliver Co. sells themed beauty product gift boxes for $30 per box. The box and items in it cost Oliver Co. $8 per box. The fixed expenses for the year are $45,000. Oliver Co. is expecting to sell approximately 33,000 units per year. What is the margin of safety in units, round to a whole number? Bear Tents Inc., a outdoor gear retailer, shows the following for March: tents sold 2,000 selling price per unit $100.00 variable selling costs per unit $12.00 fixed selling and administrative costs $20,000 beginning merchandise inventory $10,000 ending merchandise inventory $20,000 merchandise purchases $86,000 What was the operating leverage for this period, rounded to two decimal places? Bear Vinegars creates and sells fermented flavored vinegars. Their fixed costs per month run $86,000. Using the data below, solve for breakeven in sales revenue, rounded to the nearest whole number: Sales revenue Variable expenses Robust Delicate $50,000 $80,000 $17,000 $30,000
Transcribed Image Text:Oliver Co. sells themed beauty product gift boxes for $30 per box. The box and items in it cost Oliver Co. $8 per box. The fixed expenses for the year are $45,000. Oliver Co. is expecting to sell approximately 33,000 units per year. What is the margin of safety in units, round to a whole number? Bear Tents Inc., a outdoor gear retailer, shows the following for March: tents sold 2,000 selling price per unit $100.00 variable selling costs per unit $12.00 fixed selling and administrative costs $20,000 beginning merchandise inventory $10,000 ending merchandise inventory $20,000 merchandise purchases $86,000 What was the operating leverage for this period, rounded to two decimal places? Bear Vinegars creates and sells fermented flavored vinegars. Their fixed costs per month run $86,000. Using the data below, solve for breakeven in sales revenue, rounded to the nearest whole number: Sales revenue Variable expenses Robust Delicate $50,000 $80,000 $17,000 $30,000
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