Sheridan Company has sales of $2800000, variable costs of $1300000, and fixed costs of $ 700000. Sheridan's margin of safety ratio is
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- For Sunland Company, actual sales are $1,770,000, and break-even sales are $1,451,400. (A) Compute the margin of safety in dollars. Margin of safety $Type your answer here (B) Compute the margin of safety ratio. Margin of safety ratio Type your answer here %P Company has provided the following data: Sales Price per unit: $50. Variable Cost per unit: $30; Fixed Cost: $135,000 Expected Sales: 20,000 units. d. Determine the margin of safety in dollars. e. If the company wants to have net income of $70,000, how many units must they sell.Suppose Morrison Corp.’s breakeven point is revenues of $1,100,000. Fixed costs are $660,000. Q1. Compute the contribution margin percentage. Q2. Compute the selling price if variable costs are $16 per unit. Q3. Suppose 75,000 units are sold. Compute the margin of safety in units and dollars. Q4. What does this tell you about the risk of Morrison making a loss? What are the most likely reasons for this risk to increase?
- The following information relates to the operations of a company; cost per unit from supplier- GH¢80, variable cost per unit GH¢40 and total fixed cost of GH¢300000. The company determines its selling price by adding a margin of 20%. What is the breakeven quantity?The cost equation of YTS Inc. is y = 35x + 400,000. y is the profit, 35 is the contribution margin per unit, x is the number of units sold, and 400,000 is the total fixed cost. What is the total units to be sold to arrive a profit of 146,000?For Sheffield Corp., sales is $1260000 (6300 units), fixed expenses are $480000, and the contribution margin per unit is $100. What is the margin of safety in dollars?
- Fountain Corp. has a selling price of $14 per unit and variable costs of $9.80 per unit. When 18,000 units are sold, profits equaled $24,900. What is the margin of safety?If Actual sales are OMR 460000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=70000 and MS (%)=12.15 b. MS=100000 and MS (%)=15 c. MS=60000 and MS (%)=13.04 d. MS=62000 and MS (%)=13.42Bloom Company predicts it will incur fixed costs of $255,000 and earn income of $427,500 in the next period. Its expected contribution margin ratio is 65%. 1. Compute the amount of expected total dollar sales. 2. Compute the amount of expected total variable costs. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the amount of expected total dollar sales. Dollar Sales Numerator: Denominator: Total Dollar Sales %3D Total dollar sales %3D Required 1 Required 2 >
- If Actual sales are OMR 470000, Total Fixed costs OMR 120000, Selling price per unit OMR 50, and Variable cost per unit OMR 35, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=100000 and MS (%)=16 b. MS=62000 and MS (%)=13.42 c. MS=73000 and MS (%)=15.15 d. MS=70000 and MS (%)=14.89 Clear my choiceCompany XYZ is currently producing and selling 20,000 units. The selling price per unit is $8 while the variable cost ratio is 20%. Assuming ?total fixed costs of $30,000, what is the margin of safety in ($) value 142,500 a O None of the given answers b O 102,500 .c O 82,500 d O 122,500 e OP Company has provided the following data: Sales Price per unit: $50. Variable Cost per unit: $30; Fixed Cost: $135,000 Expected Sales: 20,000 units. c. Calculate the expected profit.