Question: Lamar has the following data: Selling Price $ 40 Variable manufacturing cost $ 22 Fixed manufacturing cost $ 150,000 per month Variable selling & administrative

Lamar has the following data:

Selling Price $ 40
Variable manufacturing cost $ 22
Fixed manufacturing cost $ 150,000 per month
Variable selling & administrative costs $ 6
Fixed selling & administrative costs $ 120,000 per month

If Lamar produces and sells 30,000 units, what is the margin of safety in units?

Multiple Choice

  • 5,000 units.

  • 22,500 units.

  • 30,000 units.

  • 7,500 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:

Selling Price $ 40 Variable manufacturing cost $ 22 Fixed manufacturing cost $ 150, 000 per month Variable selling & administrative costs $ 6 Fixed selling & administrative costs 120, 000 per month...

Q:

Lamar has the following data: Selling price $ 40 Variable manufacturing cost $ 22 Fixed manufacturing cost $180,000 per month Variable selling & administrative costs $ 6 Fixed selling &...

Q:

Lamar has the following data: Selling price $ 4 0 Variable manufacturing cost $ 2 2 Fixed manufacturing cost $ 2 0 1 , 0 0 0 per month Variable selling & administrative costs $ 6 Fixed selling &...

Q:

Lamar has the following data: Selling Price = $40. Variable manufacturing cost = $22. Fixed manufacturing cost = $150,000 (per month). Variable selling and administrative costs = $6. Fixed selling...

Q:

Lamar has the following data: Selling Price $ 40 Variable manufacturing cost $ 22 Fixed manufacturing cost $ 150,000 per month Variable selling & administrative costs $ 6 Fixed selling &...

Q:

Lamar has the following data: Selling Price $ 40 Variable manufacturing cost $ 22 Fixed manufacturing cost $ 150,000 per month Variable selling & administrative costs $ 6 Fixed selling &...

Q:

5 Sanfran has the following data: Selling Price $40 Variable manufacturing cost $22 Fixed manufacturing costs $150,000 per month Variable selling & administrative costs $6 Fixed selling &...

Q:

6 Sanfran has the following data: Selling price $40 Variable manufacturing cost $22 Fixed manufacturing costs $150,000 per month Variable selling & administrative costs $6 Fixed selling &...

Q:

Sanfran has the following data: selling price $40 variable manufacturing cost $22 fixed manufacturing costs $150,000 per month variable selling and administrative costs $6 fixed selling and...

Q:

1) Gena Manufacturing Company has a fixed cost of $225,000 for the production of tubes. Estimated sales are 150,000 units. A before tax profit of $125,000 is desired by the controller. If the tube...

Q:

1. A variable, x, starts at 10 and follows a generalized Wiener process dx = a dt+b dz where a = 2, b = 3, and dz is a Wiener process. (i) What is the mean value of the variable after three years?...

Q:

C++ 7.3 Lab 7 - Random Number between 1 and 10 Create a programthat does the following : a. Seeds the random number generator withtime(0) b. Assigns an integer variable with a random number between1...

Q:

Find the indefinite integral. ( Use c for the constant of integration. ) ( 4 t 3 i + 1 4 tj 5 t k ) dt

Q:

Elizabeth Island Airways scher. Ellermalogenal airine serving the New England area, recently suffered a major cras. As a result passengers are considered to be shy choose As there comer when making...

Q:

A recent trend in the funeral home industry is for mortuaries to have websites from which friends and family members of the deceased can send e-mail or electronic greeting cards. The URL for the...

Q:

Teamwork. Brians Food Service is expanding its catering division. It needs an additional enclosed truck with a refrigeration unit; several propane ovens to keep food warm; and storage shelves and...

Q:

Technology. You have searched the Web and found several vendors who offer business promotional merchandise at unit prices your new business can afford. Each of the websites speaks of quantity...