The sales and cost data for two companies in the transportation industry are as follows: X Company Y Company Amount Percent Amount Percent Sales $ 156,000 100.00 $ 156,000 100.00 Variable costs 93,600 60.00 46,800 30.00 Contribution margin 62,400 40.00 109,200 70.00 Fixed costs 34,350 70,400 Operating income (πB) $ 28,050 $ 38,800 X Company's margin of safety ratio (MOS%) (rounded) is:
The sales and cost data for two companies in the transportation industry are as follows: X Company Y Company Amount Percent Amount Percent Sales $ 156,000 100.00 $ 156,000 100.00 Variable costs 93,600 60.00 46,800 30.00 Contribution margin 62,400 40.00 109,200 70.00 Fixed costs 34,350 70,400 Operating income (πB) $ 28,050 $ 38,800 X Company's margin of safety ratio (MOS%) (rounded) is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The sales and cost data for two companies in the transportation industry are as follows:
| X Company | Y Company | |||
|---|---|---|---|---|
| Amount | Percent | Amount | Percent | |
| Sales | $ 156,000 | 100.00 | $ 156,000 | 100.00 |
| Variable costs | 93,600 | 60.00 | 46,800 | 30.00 |
| Contribution margin | 62,400 | 40.00 | 109,200 | 70.00 |
| Fixed costs | 34,350 | 70,400 | ||
| Operating income (πB) | $ 28,050 | $ 38,800 |
X Company's margin of safety ratio (MOS%) (rounded) is:
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