Answer:
The excess of budgeted or actual sales over the break-even volume of sales.
Explanation:
The margin of safety is a measure in the break-even analysis that calculates either in units or amount terms the safe region for a business over break even point where there is no profit or no loss. This tells us how much the sales can fall before the company reaches break even.
For example, A company has 10000 units of budgeted sale while its break even point is at 8000 units. Thus, the margin of safety for such a company would be,
- 10000 - 8000 = 2000 units
This means that the company is selling 2000 units in excess of its break-even quantity and that the sales can fall by 2000 units before the company reaches a point where it is earning no profit or no loss(break even).
Answer:
Margin of safety= $4,257
Explanation:
Giving the following information:
The breakeven point in units is 3,400, and the expected sales in units are 4,500.
First, we need to determine the dollar amount of sales:
Break-even point= 3,400*3.87= $13,158
Current sales= 4,500*3.87= $17,415
Margin of safety= (current sales level - break-even point)
Margin of safety= 17,415 - 13,158= $4,257
Answer: C; Ot increases the value of a U.S dollar.
Explanation: Just did the quiz
Answer:
A. the world experienced little to no growth until the industrial revolution, after which all of the world's economies began to experience real economic growth.
Explanation:
As we know it was the industrial revolution which provided the economic growth to the economy, as before that people believed majorly on barter system and there was no record of profit on such.
The individual earnings and growth came because of industrial revolution which provided jobs to huge number of people in an economy.
Since the people started earning by their own whether through jobs or their own businesses, there was a great urge to work and earn in all those who were not willing to earn.
This basically helped the economy to see the growth of individuals.
Answer:
The correct answer is: The Railway Labor Act.
Explanation:
The Railway Labor Act is a U.S. federal law originally passed in 1926 to control labor relations in railroad and airline industries. The act also aims to replace the industry employees' strikes for bargaining, arbitration, and mediation in front of labor-related issues.