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netineya [11]
3 years ago
11

Gould Enterprises sells computer disks for $1.50 per disk. Unit variable expenses total $0.90. The breakeven sales in units are

3,000 and budgeted sales in units are 4,300. What is the margin of safety?
Business
1 answer:
Lera25 [3.4K]3 years ago
4 0

Answer:

1,300 units

$1,950

Explanation:

The computation of margin of safety in units is given below :-

Margin of safety in units = Budgeted sales in units - Break-even sales in units

= 4,300 units - 3,000 units

= 1,300 units

The computation in dollars of safety is given below :-

Margin of safety  in dollars = Margin of safety in units × Selling per unit

= 1,300 × $1.50

= $1,950

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Selling. general, and administrative expenses were $80,000, net sales were $390,000, interest expense was $16.000: research and
elixir [45]

Answer:

<u>The correct answer is C. US$ 30,000</u>

Explanation:

1. What was the operating income for the period?

Operating income = Net sales - Cost of goods - Operational expenses

Operational expenses on this question are:

  1. Selling. general, and administrative expenses
  2. Interest expenses
  3. Research and development expenses
  4. Income tax expense

According to the information provided, we have then:

Operating income = 390,000 - 220,000 - 80,000 - 16,000 - 34,000 - 10,000

Operating income = 390,000 - 360,000

Operating income = 30,000

<u>The correct answer is C. US$ 30,000</u>

<u></u>

8 0
3 years ago
An organization needs to keep determined intruders away from its facility. the organization should install:
Ostrovityanka [42]
Cameras barbed wire electric fence depends on the situation but mainly a security system
7 0
2 years ago
A music venue offers all of its customers a 40 percent discount on concert tickets for regional bands. It also offers an additio
12345 [234]

Answer:

2 tickets

Explanation:

the cost of membership is $25.

Cost of a ticket is $25

All cost get a 40 % dicsount

membersships earns a further 10% discount

total discount ofr membership eqauls 50%( 40+10)

There fore a member pays $ 12.5 { (50/100) $ 25) } for ticket

To get back cost of membership which is $25, a member need to buy 2 tricke { $25/12.5}

8 0
3 years ago
Clampett, Inc., has been an S corporation since its inception. On July 15, 2020, Clampett, Inc., distributed $44,000 to J.D. His
Serjik [45]

Answer:

-$8,600

Explanation:

Data provided in the question:

Distributions = $44,000

Basis = $42,000

Amount of ordinary income allocated = $10,600

Now,

Capital gain from distribution in excess of basis

= Distribution - Basis -  Amount of ordinary income allocated

= $44,000 - $42,000 - $10,600

= -$8,600

here, negative sign depicts there is a capital loss

8 0
3 years ago
Kevin and Randy Muise have a jar containing 4444 ​coins, all of which are either quarters or nickels. The total value of the coi
aev [14]

Answer:

they have 25 quarters and 19 nickels

Explanation:

let N = number of nickels

let Q = number of quarters

5N + 25Q = 720

N + Q = 44

N = 44 - Q (now we must replace)

5(44 - Q) + 25Q = 720

220  - 5Q + 25Q = 720

20Q = 720 - 220 = 500

Q = 500 / 20 = 25

N = 44 - 25 = 19

6 0
2 years ago
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