X Company Y Company Amount Percent Amount Percent Sales s 148,000 100.00 S 148,000 100.00 Variable costs 88,800 60.00 44,400 30.00 Contribution margin 59,200 40.00 103,600 70.00 Fixed costs 34,150 70,200 Operating income (Tg) 25,050 33,400 Y Company's margin of safety (MOS) in sales dollars (rounded) is: %24

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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X Company
Y Company
Amount
Percent
Amount
Percent
Sales
$ 148,000
100.00
$ 148,000
100.00
Variable costs
88,800
60.00
44,400
30.00
Contribution margin
59,200
40.00
103,600
70.00
Fixed costs
34,150
70,200
Operating income (Tig)
25,050
33,400
Y Company's margin of safety (MOS) in sales dollars (rounded) is:
Transcribed Image Text:X Company Y Company Amount Percent Amount Percent Sales $ 148,000 100.00 $ 148,000 100.00 Variable costs 88,800 60.00 44,400 30.00 Contribution margin 59,200 40.00 103,600 70.00 Fixed costs 34,150 70,200 Operating income (Tig) 25,050 33,400 Y Company's margin of safety (MOS) in sales dollars (rounded) is:
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