Question: Please help!! I am trying and cant get them a. If Canace Company, with a break-even point at $372,100 of sales, has actual sales of

 Please help!! I am trying and cant get them a. If

Canace Company, with a break-even point at $372,100 of sales, has actual

Please help!! I am trying and cant get them

a. If Canace Company, with a break-even point at $372,100 of sales, has actual sales of $610,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number. 1. $ 2. % b. If the margin of safety for Canace Company was 30%, fixed costs were $1,539,300, and variable costs were 70% of sales, what was the amount of actual sales (dollars)? (Hint: Determine the break-even in sales dollars first.) Operating Leverage Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $180,400 $504,000 Variable costs 72,400 302,400 Contribution margin $108,000 $201,600 Fixed costs 54,000 57,600 Income from operations $54,000 $144,000 a. Compute the operating leverage for Beck Inc. and Bryant Inc. If required, round to one decimal place. Beck Inc. Bryant Inc. b. How much would income from operations increase for each company if the sales of each increased by 20%? If required, round answers to nearest whole number. Dollars Percentage Beck Inc. % Bryant Inc. % operating leverage c. The difference in the means that its fixed costs are a of income from operations is due to the difference in the operating leverages. Beck Inc.'s percentage of contribution margin than are Bryant Inc.'s

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!