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Alex777 [14]
3 years ago
13

Data concerning the next month’s budget appear below: Selling price $25 per unit Variable expenses $17 per unit Fixed expenses $

6,400 per month Unit sales 950 units per month Required: 1. Compute the company’s margin of safety. (Do not round intermediate calculations.)
Business
1 answer:
Arte-miy333 [17]3 years ago
4 0

Answer:

margin of safety= 15.79%

In unitos= 150 units

Explanation:

Giving the following information:

Selling price $25 per unit Variable expenses $17 per unit Fixed expenses $6,400 per month Unit sales 950 units per month.

Break-even point= fixed costs/ contribution margin

Break-even point= 6400/(25-17)= 800 units

margin of safety= (current sales - break-even point)/current sales level

margin of safety= (950 - 800)/950= 15.79%

In unitos= 150 units

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If a market basket of goods cost $100 is the US and 70 euros in France, then the PPP exchange rate would be $.70/euro.A. TrueB.
blagie [28]

Answer:

False

Explanation:

Given that,

Market basket of goods cost in United states = $100

Market basket of goods cost in France = 70 euros

Purchasing power parity is calculated as follows:

= (Cost of basket of goods in Euros) ÷ (Cost of same basket of goods in dollars)

= 70 ÷ 100

= 0.7 euro per dollar

Therefore, the statement is false.

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3 years ago
The purchase of overseas production and marketing facilities is an example of
lbvjy [14]

it is either foreign commerce or outsourcing but i am leaning more towards foreign commerce

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3 0
3 years ago
"If a company has the optimal amount of debt, then the:
viktelen [127]

Answer:

B) value of the levered company will exceed the value of the unlevered company.

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3 years ago
Permanent accounts would not include: a. Accumulated depreciation b. Cost of goods sold. c. Current liabilities d. Inventory
SCORPION-xisa [38]

Answer:

The correct answer is letter "B": Cost of goods sold.

Explanation:

Permanent accounts are those that do not close at the end of a period because their values are measured cumulatively. They include asset, liability, and capital accounts. Permanent accounts are reported in the Balance Sheet. They are the opposite of temporary accounts which are closed period by period.

<em>Asset accounts such as accumulated depreciation and inventories or Liability accounts like current liabilities are considered permanent accounts. Cost of goods sold is considered a temporary account.</em>

8 0
3 years ago
An office manager has received a report from a consultant that includes a section on equipment replacement. The report indicates
goldenfox [79]

Answer:

a) 22.663%

b) 44%

c) 38.3%

Explanation:

An office manager has received a report from a consultant that includes a section on equipment replacement. The report indicates that scanners have a service life that is normally distributed with a mean of 41 months and a standard deviation of 4 months. On the basis of this information, determine the percentage of scanners that can be expected to fail in the following time periods:

We solve the above question using z score formula

z = (x-μ)/σ, where

x is the raw score

μ is the population mean = 41 months

σ is the population standard deviation = 4 months

a. Before 38 months of service

Before in z score score means less than 38 months

Hence,

z = 38 - 41/4

z = -0.75

Probability value from Z-Table:

P(x<38) = 0.22663

Converting to percentage = 0.22663 × 100

= 22.663%

b. Between 40 and 45 months of service

For x = 40 months

z = 40 - 41/4

z = -0.2

Probability value from Z-Table:

P(x = 40) = 0.40129

For x = 45

z = 45 - 41/4

z = 1

Probability value from Z-Table:

P(x = 45) = 0.84134

Between 40 and 45 months of service

= 0.84134 - 0.40129

= 0.44005

Converting to Percentage

= 0.44005 × 100

= 44.005%

= 44%

c. Within ± 2 months of the mean life

+ 2 months = 41 months + 2 months

= 43 months

- 2 months = 41 months - 2 months

= 39 months

For x = 43

z = 43 - 41 /4

z = 0.5

P-value from Z-Table:

P(x = 43) = 0.69146

For x = 39

z = 39 - 41/4

z = -2/4

z = -0.5

Probability value from Z-Table:

P(x = 39) = 0.30854

Within ± 2 months of the mean life

= 0.69146 - 0.30854

= 0.38292

= 38.3%

5 0
2 years ago
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