Question: GARY CORP HAS THE FOLLOWING DATA: VC/UNIT $57.60 VC % 60% FIXED COSTS $374,400 TAX RATE 40% ASSUME GARY HAD AFTER-TAX NET INCOME = $235,008.

GARY CORP HAS THE FOLLOWING DATA:

VC/UNIT $57.60

VC % 60%

FIXED COSTS $374,400

TAX RATE 40%

ASSUME GARY HAD AFTER-TAX NET INCOME = $235,008. WHAT IS GARYS MARGIN OF SAFETY IN UNITS?

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!

Q:

4 . GARY CORP HAS THE FOLLOWING DATA VCIUNIT $57.60 VCO 60% FIXED COSTS $374 400 TAX RATE 40% HOW MANY UNITS MUST GARY SELL TO BREAK EVEN 5 . REFER TO QUESTION 4 ASSUME GARY HAD AFTER - TAX NET...

Q:

GARY CORP HAS THE FOLLOWING DATA: VC/UNIT $57.60 VC % 60% FIXED COSTS $374,400 TAX RATE 40% HOW MANY UNITS MUST GARY SELL TO BREAK EVEN? 5. REFER TO QUESTION 4. ASSUME GARY HAD AFTER-TAX NET INCOME =...

Q:

J CORP HAS THE FOLLOWING DATA: VC/UNIT 24 VC % 60 PERCENT TOTAL FIXED COSTS = $96,000. HOW MANY UNITS MUST J CORP SELL TO ACHIEVE AFTER-TAX NET INCOME = $24,640. ASSUME 30% TAX RATE. (2 POINTS)

Q:

How do you figure out the Data changes in each Table?? Especially in Scenario Analysis (rows 107-109), this table will change with Worst Base Best Cases. I just need some more help on this. Since you...

Q:

Can someone help me with a few things on the spreadsheet. I need help with the data tables, the Scenario Analysis and the ARR. Case 59H Student Version 9/29/96 TASTY FOODS CORPORATION (B) Capital...

Q:

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Q:

This question require you to provide answers in same Excel and I want it in two days time. NAME COURSE: Managerial Accounting MID-TERM Instructor: Dan Sevall Instructions: THIS MID EXAMS IS TAKE HOME...

Q:

I need, I am working on GENERAL ELECTRIC AND UNITED TECHNOLOGIES CORP, I need help GE and UTC Financial Statements Forecast for the next 5 year using the attachment. Throughout this course you will...

Q:

Complete the following problems from Chapter 12 in Financial Management: Theory and Practice : Chapter 12: Topics: Additional Funds Needed, Forecasted Statements and Ratios, Financing Deficits...

Q:

I have attached the corresponding lessons for assignment 8, it usually includes practice problems at the bottom that look similar to the assignment. ASSIGNMENT 7 JOB ORDER COSTING Directions: After...

Q:

Find all values of a for which rank (4) = 2. -1205 20x3 12-42 N

Q:

A small company manufactures picnic tables. The weekly fixed cost is $1,200 and the variable cost is $45 per table. Find the total weekly cost of producing x picnic tables. How many picnic tables can...

Q:

EXERCISE 2-16. Service Company Use of Predetermined Overhead Rate Smith and Baker Legal Services employs five full-time attorneys and nine paraprofessionals. Budgeted salaries are $80,000 for each...

Q:

Your organization chooses to fund continuing education expenses for its employees as a benefit. This decision is a demonstration of _ _ _ _ _ Question 1 8 options: justice beneficence autonomy...

Q:

Assuming Nick Woodman were to continue at GoPro, which organizational techniques might you employ to improve performance, and why?

Q:

Can a multinational company have one organizational culture, or does it need to have different cultures based on its business unit in each country?

Q:

Which OD technique(s) can be used to improve consistency among professors in terms of work assignments and performance appraisals at your college? Which of the four reasons for resistance would be...