If a firm's forecasted sales are $280,000 and its break-even sales are $198,800, the margin of safety (in dollars) is:

Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T

Neko [114]

Answer:

Total contribution margin= $1,884,180

Explanation:

Giving the following information:

Direct Materials 150

Direct Labor 28

Variable Manufacturing Overhead 25

Variable Selling 16

Sales in units= 10,130

Selling price= $420

Direct material cost= 150*1.1= $165

First, we need to calculate the unitary contribution margin:

Unitary contribution margin= selling price - total unitary variable cost

Unitary contribution margin= 420 - (28 + 25 + 16 + 165)

Unitary contribution margin= $186

Now, the total contribution margin:

Total contribution margin= 10,130*186

Total contribution margin= $1,884,180

3 0

3 years ago

The following information relates to Sheridan Company for the year 2022.

aliina [53]

Answer:

a. Computation of net income

Particulars Amount

Service revenue $52,500

Less: Expenses

Salaries and wages expenses ($23,520)

Utilities expense ($2,600)

Rent expense ($8,740)

Advertising expense ($1,510)

Net Income $16,130

b. Computation of comprehensive income statement

Particulars Amount

Net Income $16,130

Add: Other Comprehensive Income $380

Comprehensive Income $16,470

Note: Dividend will not be included as it forms part of Income statement

5 0

3 years ago

Paul began his speech as follows: They called Lou Gehrig the iron horse. The tireless worker played an astounding 2,130 consecut

kvv77 [185]

Answer:

The method of gaining attention that Paul use is relating the topic to the audience.

Explanation:

Paul here is trying to get attention of his audience through relating the topic to them in such way that they understand the topic in the est way possible. What Paul is doing here is kind of an analogy , where he is relating the tremendous feats( playing 2130 games , with 17 hand fractures) of Lou Gehrig to completing the school without any leave and scoring A grade, through this kind of analogy Paul would be able to relate the topic to every person in the audience.

4 0

3 years ago

Gabuat Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

notsponge [240]

Answer:

$155,700

Explanation:

Absorption costing

Sales $164 × 3,260 = $534,640

Less cost of goods sold

Opening inventory

Add variable cost of goods manufactured

[3,700 × ($51 + $32 + $6 = $89)] = $329,300

Fixed manufacturing cost

$88,800

Cost of goods available for sale

$418,100

Less ending inventory 440 × $89

$39,160

Cost of goods sold

$378,940

Gross margin

$155,700

Less variable selling and administration expenses $6 × 3,260

$19,560

Fixed selling and administrative expenses

$32,600

The total gross margin for the month under the absorption costing approach is $155,700

5 0

3 years ago

HaAaAiii frRiIieEenNds wWaAanNnAaaA cCcCcHhHaAaAtTtT pweeeaaase

Yakvenalex [24]

Answer:

yeah sure what do you want to ch.At about

Explanation:

because i don't really care what we talk abt

5 0

3 years ago