Survey of Accounting (Accounting I)
8th Edition
ISBN: 9781305961883
Author: Carl Warren
Publisher: Cengage Learning
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Textbook Question
Chapter 11, Problem 11.6.1MBA
Margin of safety
Using the data from P11-6. determine the following based upon the estimates for 20Y8:
Margin of safety for 20Y8 in units sold.
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Q8/ By the graphical(chart) method and for the data (F.C=85, V.C=185, Selling
price per unit = 3$, number of units = 50), Find :
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Chapter 11 Solutions
Survey of Accounting (Accounting I)
Ch. 11 - Which of the following statements describes...Ch. 11 - If sales are $500,000, variable costs are...Ch. 11 - If the unit selling price is $16. the unit...Ch. 11 - Based on the data presented in Question 3, how...Ch. 11 - Prob. 5SEQCh. 11 - Describe how total variable costs and unit...Ch. 11 - How would each of the following costs be...Ch. 11 - Describe the behavior of (a) total fixed costs and...Ch. 11 - How would each of the following costs be...Ch. 11 - In cost analyses, how arc mixed costs treated?
Ch. 11 - Which of the following graphs illustrates how...Ch. 11 - Which of the following graphs illustrates how unit...Ch. 11 - Which of the following graphs best illustrates...Ch. 11 - In applying the high-low method of Cost...Ch. 11 - Prob. 10CDQCh. 11 - Prob. 11CDQCh. 11 - Prob. 12CDQCh. 11 - If insurance rates are increased, what effect will...Ch. 11 - Prob. 14CDQCh. 11 - The reliability of cost-volume-profit (CVP)...Ch. 11 - How does the sales mix affect the calculation of...Ch. 11 - Prob. 17CDQCh. 11 - Classify costs Following is a list of various...Ch. 11 - Identify cost graphs The following cost graphs...Ch. 11 - Prob. 11.3ECh. 11 - Identify activity bases From the following list of...Ch. 11 - Identify fixed and variable costs Intuit Inc....Ch. 11 - Relevant range and fixed and variable costs Third...Ch. 11 - High-low method Liberty Inc. has decided to use...Ch. 11 - High-low method for service company Miss River...Ch. 11 - Contribution margin ratio a. Matzinger Company...Ch. 11 - Contribution margin and contribution margin ratio...Ch. 11 - Break-even sales and sales to realize operating...Ch. 11 - Prob. 11.12ECh. 11 - Prob. 11.13ECh. 11 - Break-even analysis The Garden Club of Palm...Ch. 11 - Break-even analysis Media outlets such as ESPN and...Ch. 11 - Prob. 11.16ECh. 11 - Prob. 11.17ECh. 11 - Prob. 11.18ECh. 11 - Prob. 11.19ECh. 11 - Prob. 11.20ECh. 11 - Break-even sales and sales mix for a service...Ch. 11 - Operating leverage SunRise Inc. and SunSet Inc....Ch. 11 - Classify costs Peak Apparel Co. manufactures a...Ch. 11 - Break-even sales under present and proposed...Ch. 11 - Prob. 11.2.2PCh. 11 - Prob. 11.2.3PCh. 11 - Prob. 11.2.4PCh. 11 - Prob. 11.2.5PCh. 11 - Break-even sales under present and proposed...Ch. 11 - Prob. 11.2.7PCh. 11 - Prob. 11.2.8PCh. 11 - Break-even sales and cost-volume-profit graph For...Ch. 11 - Prob. 11.3.2PCh. 11 - Break-even sales and cost-volume-profit graph For...Ch. 11 - Prob. 11.3.4PCh. 11 - Prob. 11.4.1PCh. 11 - Prob. 11.4.2PCh. 11 - Prob. 11.4.3PCh. 11 - Prob. 11.4.4PCh. 11 - Prob. 11.5.1PCh. 11 - Prob. 11.5.2PCh. 11 - Sales mix and break-even sales Data related to the...Ch. 11 - Prob. 11.5.4PCh. 11 - Prob. 11.5.5PCh. 11 - Contribution margin, break-even sales,...Ch. 11 - Contribution margin, break-even sales,...Ch. 11 - Contribution margin, break-even sales,...Ch. 11 - Contribution margin, break-even sales,...Ch. 11 - Contribution margin, break-even sales,...Ch. 11 - Margin of safety a. If Go-Go Buggies Company, with...Ch. 11 - Prob. 11.2MBACh. 11 - Margin of safety Use the data from E11-12 and...Ch. 11 - Margin of safety Use the data from E11-12 and...Ch. 11 - Sales mix and margin of safety Use the data from...Ch. 11 - Prob. 11.4.2MBACh. 11 - Prob. 11.4.3MBACh. 11 - Margin of safety Using the data from P11-2,...Ch. 11 - Prob. 11.5.2MBACh. 11 - Margin of safety Using the data from P11-6....Ch. 11 - Prob. 11.6.2MBACh. 11 - Prob. 11.6.3MBACh. 11 - Prob. 11.1CCh. 11 - Break-even sales, contribution margin "Every...Ch. 11 - Break-even analysis Aquarius Games Inc. has...Ch. 11 - Variable costs and activity bases in decision...Ch. 11 - Variable costs and activity bases in decision...Ch. 11 - Prob. 11.6C
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- If Actual sales are OMR 620000, Total Fixed costs OMR 115000, Selling price per unit OMR 60, and Variable cost per unit OMR 45, which of the following shows Margin of Safety (MS) as amount and as percentage (on sales)? Select one: a. MS=43000 and MS (%)=8.16 b. MS=69000 and MS (%)=13.15 c. MS=45000 and MS (%)=7.26 d. MS=72000 and MS (%)=16.42arrow_forwardFrom the following particulars, calculate Margin of safety: Fixed cost OMR. 100,000 Variable cost OMR. 150,000 Total Sales OMR. 300,000arrow_forwardIn the month of June, Jose Hebert's Beauty Salon gave 4,200 haircuts, shampoos, and permanents at an average price of $40. During the month, fixed costs were $16,700 and variable costs were 75% of sales. Your answer is partially correct. Determine the contribution margin in dollars, per unit and as a ratio. (Round contribution margin per unit and contribution margin ratio to 2 decimal places, e.g. 5.25 & 10.50.) Contribution margin %24 41750.00 Contribution margin per unit 2. 10.00 25 Contribution margin ratioarrow_forward
- ing particulars, Calculate, BEP (Units and amount) and Margin of 3. From the safety, if actual sales is 13500 units Variable cost per unit OMR 75 Fixed expenses OMR 270000 Selling price per unit OMR 100arrow_forwardAccording to following information, which of the following shows Margin of Safety (MS) as amount and as percentage? (You may round the result to two decimals.) Actual Sales 650,000 Total Fixed Cost 375,000 Selling price per unit 250 Variable cost per unit 100arrow_forwardQ5 From the following particulars you are required to calculate (a) PIV ratio and (b) Break-even point Le) Margin of Safety Actual sales OMR. 200000 Variable cost OMR. 120000 Fixed cost OMR. 45000 Also calculate the sales required to maintain the profit OMR 72000.arrow_forward
- asaparrow_forwardMa1. To arrive at Net ADR Yield, Select one: a. fees associated with distribution channel are subtracted from selling price. b. distribution channel fees are subtracted from standard ADR and the result is divided by Revenue per Available Room (RevPar). c. Net Room Rate is divided by standard ADR. d. the cost of fees associated with the specific distribution channel responsible for a room's sale are divided by the room’s selling price. Clear my choicearrow_forwardRequired: Jasper Company has sales of $182,000 and a break-even sales point of $123,600. Compute Jasper's margin of safety and its margin of safety percentage. Complete this question by entering your answers in the tabs below. Margin of Safety Compute Jasper's margin of safety. Margin of Safety Dercentana Margin of safety Margin of Safety Margin of Safety Percentage >arrow_forward
- Which method would produce the same unit cost for Inventory and Cost of Good Sold in periods of rising prices? Select one: a. Weighted Average b. FIFO c. LIFOarrow_forwardIf, Total Fixed cost OMR 32000, Selling price per unit OMR 20, and Variable cost per unit OMR 12. What will be the Margin of safety and profit if actual sales are OMR 85000? Select one: O a. None of the options O b. Margin of Safety OMR 5000, Profit OMR 2000 c. Margin of Safety OMR 10000, Profit OMR 4000 O d. Margin of Safety OMR 26667, Profit OMR 16000arrow_forwardDetermine the I target cost for model J 20, assuming that the historical markup on product cost and selling price are maintainedarrow_forward
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