Question: 1. The following data are available for X Corp: Margin of safety 300; MS ratio 20%; Profit of 100 and FC of 200.00. What is

1. The following data are available for X Corp: Margin of safety 300; MS ratio 20%; Profit of 100 and FC of 200.00. What is the variable cost ratio?

2. The equation of Q= 6,000 + 5.25 X; where X = mhrs; was developed using the monthly data of the company since the start of its operations. What is the total annual total cost of 10,000 machine hours?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!