Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear...
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Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed costs per month Variable cost per bear $ 34.50 2,482.00 17.50 Required: If she sells 279 bears next month, determine the margin of safety in units, in sales dollars, and as a percentage of sales. Note: Round your intermediate calculations to the nearest whole number and round your "Percentage of Sales" answer to decimal places. (i.e. 0.1234 should be entered as 12.34%. Round your "Margin of safety (Dollars)" answer to the nearest whe number.) Answer is not complete. 165 5,708 Margin of safety (Units) Margin of safety (Dollars) Margin of safety percentage $ % Heather Hudson makes stuffed teddy bears. Recent information for her business follows: Selling price per bear Total fixed costs per month Variable cost per bear $ 34.50 2,482.00 17.50 Required: If she sells 279 bears next month, determine the margin of safety in units, in sales dollars, and as a percentage of sales. Note: Round your intermediate calculations to the nearest whole number and round your "Percentage of Sales" answer to decimal places. (i.e. 0.1234 should be entered as 12.34%. Round your "Margin of safety (Dollars)" answer to the nearest whe number.) Answer is not complete. 165 5,708 Margin of safety (Units) Margin of safety (Dollars) Margin of safety percentage $ %
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Heather Hudsons Margin of Safety Calculations Contribution Margin per Bear Contribution Margin Selli... View the full answer
Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
Posted Date:
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