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aleksandrvk [35]
3 years ago
8

Mcmurtry corporation sells a product for $180 per unit. the product's current sales are 12,900 units and its break-even sales ar

e 11,094 units. the margin of safety as a percentage of sales is closest to:
Business
1 answer:
Sedaia [141]3 years ago
6 0

14%

Margin of Safety:

[(current sales - break even)/current sales] * 100

(12900-11094)/12900] *100

(1806/12900)*100

.14*100 = 14%

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The financial statements of the imagine company report net sales of $1,000,000 and accounts receivable of $700,000 and $300,000
Viefleur [7K]
The answer is 2 times.
 
Accounts recievable turnover ratio = net sales / average accounts recievable

=1,000,000 ÷ (700,000+300,000 ÷ 2)
8 0
3 years ago
Accounts Randall Company estimates its bad debts expense by aging its accounts receivable and applying percentages to various ag
Crazy boy [7]

Answer:

Explanation:

The journal entry will be:

Debit: Bad debt expense $2500

Credit: Allowance for doubtful $2500

Then, we will calculate the net amount of account receivable that should be included in current assets which will be:

Account receivable = $128000

Less: Allowance for doubtful = $500 + $2500 = $3000

Net amount of account receivable = $125000

8 0
3 years ago
The Tree Company provides the following standard cost data per unit of product: Variable overhead $ 8.00 Tree Co. anticipated th
olya-2409 [2.1K]

Answer:

Flexible budget variance= $10,000 unfavorable

Explanation:

Giving the following information:

Standard Variable overhead=  $8.00 per unit

During the period, the company produced and sold 25,000 units, incurring $210,000 of variable overhead costs.

<u>First, we need to calculate the standard variable overhead cost:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 8*25,000

Allocated MOH= $200,000

<u>Now, the flexible budget variance:</u>

Flexible budget variance= allocated overhead - actual overhead

Flexible budget variance= 200,000 - 210,000

Flexible budget variance= $10,000 unfavorable

5 0
3 years ago
dakari, ceo of a successful medical supply company, is constantly reading press releases and news articles about his competition
OLga [1]

In putting in so much effort to find out about his competition and the products they offer, Dakari is most likely a. evaluating opportunities

There are several ways to learn about new opportunities in the market and some of them include:

  • Finding out what your customers want
  • Finding out what the trends your industry is moving towards
  • Finding out what your competitors are up to

Your competitors will constantly be trying to make better products in order to capture more market share. You can therefore look at what they are doing to find out what new thing you can be doing.

This is what Mr. Dakari is doing so we can conclude that he is evaluating opportunities.

<em>Find out more at brainly.com/question/8493674.</em>

4 0
2 years ago
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V125BC [204]

Moon phases are what of the moon we can see from Earth. Lunar tides are caused by the moon's gravity pulling on the water on Earth. High tide occurs when the moon is directly in line with the body of water in question. Lunar eclipses are caused by the shadow of the Earth as it passes in between the sun and the moon

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3 years ago
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