Eastwick produces and sells three products. Last month's results are as follows: Fixed costs total $220,000. What

Question:

Eastwick produces and sells three products. Last month's results are as follows:

P2 P3 P1 Revenues S120,000 $220,000 $220,000 Variable costs 42,000 142,000 124,000

Fixed costs total $220,000. What is Eastwick's margin of safety? (Assume the current product mix.)
$71,111.
$42,000.
$528,000.
$160,000.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

See More Books

Question Posted: Mar 21, 2018 04:54 AM

See More Questions

Background Artisans Shirtcraft manufactures and sells hand-painted shirts of original design. The company was founded in 2005 by three sisters: Cathy, Linda, and Valerie Montgomery. Shirtcraft...
Estimate the derivative from the table of average rates of change. HINT [See discussion at the beginning of the section.] (Round your answer to one decimal place.) r'(7)= Consider the function as...
It is widely known that the percentage of the American population that has had contact with the criminal justice system has been increasing. For employers, this poses a problem of how and when an...
A Styrofoam slab has thickness h and density ps. When a swimmer of mass m is resting on it, the slab floats in fresh water with its top at the same level as the water surface. Find the area of the...
Use Thevenins Theorem to find Vo in the network shown CV 12V
Given the following information, convert Robin Companys salaries expense from its income statement into payments to employees for its statement of cash flows. Salaries expense ........... $40,000...
By finding the trace of the appropriate coherency matrix, show that the average intensity transmitted by a quarter-wave plate followed by a polarization analyzer set at $+45^{\circ}$ to the...
Crow Corporation purchased 70 percent of West Companys voting common stock on January 1, 20X5, for $291,200. On that date, the noncontrolling interest had a fair value of $124,800 and the book value...
On January 1, 2024, Ling Services issued $165,000 of five-year, 12% bonds when the market interest rate was 10%. The issue price of the bonds was $177,758. Ling uses the effective-interest method to...
Determine the area of the lot in Problem 10.26. In Problem 10.26 Compute the lengths and azimuths of the sides of a closed-polygon traverse whose corners have the following X and Y coordinates (in...
Question 1 Deacon Corporation completed Job 70 on February 15 and Job 71 on March 18. Job 70 required the following additional costs: $7,500 of materials, $5,000 of direct labor, and $4,000 of...
You are given the following information: Stockholders' equity as reported on the firm's balance sheet = $3.75 billion, price/earnings ratio = 3.5, common shares outstanding = 50 million, and...
In what ways are contractual savings institutions similar to commercial banks? In what ways are they different?
The importance of managing cash in hand Cash is considered an idle asset because it does not earn interest. Good financial management requires a firm to hold a limited amount of cash, but it is...
A bank offers an annual rate of 10% with monthly compounding if you invest $30,000 for 12 years. 1.1 Calculate the amount of money in the account by the end of the 12 years. 1.2 Calculate the annual...
THE bosses of foreign firms with operations in China grumble that their lives have got harder of late. China used to be a frontier market offering endless double-digit growth. Officials put out the...
Using the information below, find Alpha's total gross purchases (not net purchases). Ending inventory Beginning Inventory Purchase returns & allowances $ 700 2,000 300 Purchase discounts 200...
Where would you go to view a list of customer statements sent out in the current month? + New > Statement > View all Customers center > Arrow next to New customer > View statements Gear icon > All...
Determine the domain of the variable x in each expression. 4 5
Carlton Stokes owns and operates a car-detailing business named SuperShine & Detailing. For $150, Carltons business will hand wash and wax customers cars, vacuum the interior, and thoroughly clean...
Use nodal analysis to find Vo in the circuit infigure. 4 kn 2 12 V(+ Vo 2 mA 2 +1
Use nodal analysis to find Vo in the circuit infigure. 6 kn 2 kn ww 12 kn 3 kn Vo 5V(+ 6 mA 6 V(7 1+)
Use nodal analysis to find Vo in the network in figure. 3 mA 4 kl 2 kl 1 kn 6 kn Vo 6V 2 kf?
You have a business worth $1,000,000 and other assets (including your home) worth an additional $750,000. What is the recommended automobile insurance policy that you should carry to be FULLY...
Republic Services and Waste Management company Compare the companies' long term Revenue, Gross Profit, Operating Profit) and Net Income and related growth trends. What is the average three year...
A young couple own a home in NJ. They would like to have Homeowner Insurance coverage for their home in NJ, in case of frozen plumping and damage form heavy snow or power surges. Which Homeowner's...

Eastwick produces and sells three products. Last month's results are as follows: Fixed costs total $220,000. What

Question:

P2 P3 P1 Revenues S120,000 $220,000 $220,000 Variable costs 42,000 142,000 124,000

Step by Step Answer:

Answer Option A 71111 Solution Total contribution Total ...View the full answer

Cost Accounting

Students also viewed these Corporate Finance questions