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qwelly [4]
2 years ago
6

Gladstone Co. has expected sales of $360,000 for the upcoming month and its monthly break even sales are $342,500. What is the m

argin of safety as a percent of sales, rounded to the nearest whole percent
Business
1 answer:
antoniya [11.8K]2 years ago
3 0

Answer:

4.86%

Explanation:

Given that

Expected sales = $360,000

Break-even sales = $342,500

The computation of the margin of safety is shown below:-

Margin of safety (in percent) = (Expected sales - Break-even sales) ÷ Expected sales

= ($360,000 - $342,500) ÷ $360,000

= $17500 ÷ $360,000

= 4.86%

Therefore, for computing the margin of safety we simply deduct break even sales from expected sales and after result we divide with expected sales.

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Svetlanka [38]

Answer:

Variable cost per unit= $0.10

Explanation:

Giving the following information:

Cost Machine Hours

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8 0
3 years ago
The ______ is what a consumer or marketing intermediary actually pays for a product after subtracting any discounts, allowances,
julia-pushkina [17]
The correct answer is market price.
Market price is the price that you normally pay when you want to buy something. This price is usually higher than what the store that is selling it got it from the manufacturer, because it is buying the product in bulks. You as a consumer will have to pay this price when all discounts, allowances, and rebates are subtracted. 
7 0
3 years ago
Mayo Corp. has estimated that total depreciation expense for the year ending December 31, 2018 will amount to $600,000, and that
Vanyuwa [196]
$900,000

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3 0
2 years ago
Leaf Co. purchased from Oak Co. a $20,000, 8%, 5-year note that required five equal, annual year-end payments of $5,009. The not
Shtirlitz [24]

Answer:

A. $5,560

Explanation:

The computation of the total interest revenue is shown below:

= Five-year payments received of note payable - present value of note payable

where,  

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So, the value would equal to

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6 0
3 years ago
Suppose that dunkin donuts solicited a group of customers to provide feedback on its products over time; for example, completing
LekaFEV [45]
The answer is panel data. It is also known as longitudinal data or cross-sectional time series data is data that is resulting from a (typically small) number of comments over time on a (typically large) number of cross-sectional units like individuals, households, firms, or governments. In the field of econometrics and statistics, panel data talks about to multidimensional data that generally includes measurements over some period of time. As such, panel data contains researcher's explanations of numerous occurrences that were collected over numerous time periods for the same group of units or entities.
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