If a business had sales of $3,901,000 and a margin of safety of 20%, the break-even point

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

Question:

If a business had sales of $3,901,000 and a margin of safety of 20%, the break-even point was

$4,681,200

$7,021,800

$780,200

$3,120,800

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

See More Books

Posted Date: Mar 04, 2022 07:12 AM

See More Questions

If a business had a net loss for the year, where would the net loss be reported on the worksheet?
If a business had a net loss for the year, what would be the closing entry to close Income Summary and transfer the net loss to the Retained Earnings account?
The CVP analysis looks at the break even point with different volume and pricing options and works to determine the most effective. The cost-volume-profit analysis, also commonly known as break-even...
Daniel agreed to erect an apartment building for Steven for $12 million and that Daniel would suffer a deduction of $12,000 per day for every day of delay. Daniel was twenty days late in finishing...
You have gone camping in the mountains and plan to rely on water present in forest pools and creeks for drinking. Certain encysted pathogens often live in this type of water, but you do not discover...
Consider the Lewis structure for glycine, the simplest amino acid: (a) What are the approximate bond angles about each of the two carbon atoms, and what are the hybridizations of the orbitals on each...
A Sampling Distribution for Average Salary of NFL Players Use StatKey or other technology to generate a sampling distribution of sample means using a sample of size $n=5$ from the YearlySalary...
Paisley Company prepared the following statement of cash flows for the current year: Required: Compute Paisley Companys free cash flow for the currentyear. Paisley Company Statement of Cash Flows-...
What is the return on an Investment that costs $500 today and will return $800 at the end of 4 years? What long will it take a $100 investment to double to $200 if the interest rate is 6%?
Lois Griffon, 36 years old, is a senior IT programmer with the Calgary Board of Education at its head office, downtown, at Macleod Trail and 5th Ave SE. Her husband, Peter, is 33 years of age and is...
The retirement of Long4Life chief executive Brian Joffe, only to move to the chairperson's office, is the latest such transition in South Africa's business sector that has raised concerns about the...
Requirements 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? 2. What would the company's monthly operating income be if the company...
5. Read the 2018 article "Big Data Might Lead to Higher Prices" from Bloomberg. A PDF of the article is available on Blackboard....
I need an infographic for this reflection that is written below? Reflection: For this project, I chose to create an infographic to make the information more visually engaging and accessible. The...
This a Critical Thinking , that will focus on Global India. The idea is to insert in your three responses not just good definitions, description, and analysis, but also concepts that have been...
3. Suppose that a principal wishes to procure a public good x that affects the welfare of two individuals, i = 1,2. Suppose that both individuals have quasi-linear preferences over public good x =...
are real assets. O Stocks and bonds O Land O Machines O Land, machines, and knowledge Knowledge
Show that, given a maximum flow in a network with m edges, a minimum cut of N can be computed in O(m) time.
Lu Technology Co. manufactures CDs and DVDs for computer software and entertainment companies. Lu uses job order costing. On April 2, Lu began production of 5,900 DVDs, Job 423, for Stick People...
Explain the difference between strategic and operational budgets.
One benefit of budgeting is coordination and communication. Explain what this means.
By using the yield to maturity on AT&Ts debt, we found that its pretax cost of debt is 3.65%. If AT&Ts tax rate is 25%, what is its effective cost of debt?
You work in Walt Disney Companys corporate finance and treasury department and have been assigned to the team estimating Disneys WACC. You must estimate this WACC in preparation for a team meeting...
You are working for Microsoft evaluating the possibility of selling energy drinks. Microsofts WACC is 8.1%. Energy drinks would be a new line of business for Microsoft, however, so the systematic...

If a business had sales of $3,901,000 and a margin of safety of 20%, the break-even point

Question:

Expert Answer:

Q1 Breakeven sales Tota... View the full answer

Horngrens Financial and Managerial Accounting

Students also viewed these accounting questions