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MariettaO [177]
2 years ago
14

The following monthly data are available for Waterway Industries. which produces only one product: Selling price per unit, $54;

Unit variable expenses, $14; Total fixed expenses, $42000; Actual sales for the month of June, 2000 units. How much is the margin of safety for the company for June
Business
1 answer:
o-na [289]2 years ago
8 0

Answer:

Margin of safety= 950 units

Explanation:

<u>First, we need to calculate the break-even point in units:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 42,000 / (54 - 14)

Break-even point in units= 1,050

<u>Now, the margin of safety in units:</u>

<u></u>

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

Margin of safety= 2,000 - 1,050

Margin of safety= 950 units

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The __________ theory suggests that people will evaluate the cost, benefit, or value related to making a change in a particular
Ierofanga [76]

Answer: Expectancy-Outcome Values Theory

Explanation:

The Expectancy-Outcome Values Theory is one that is quite popular in many fields ranging from health to economics as it aims to explain that human behavior is governed by expectations of events.

Under the Expectancy-Outcome Values Theory, people will evaluate the cost, benefit, or value related to making a change in a particular attitude, value, belief, or behavior to decide if it is worthwhile or not.

For most if not all decisions taken therefore, there goes into it quite a lot of mental calculations involving the effects of an event before a decision is made.

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3 years ago
The transformation of an organization through the revitalization of the key ideas on which it is built is known as?
Irina18 [472]

The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.

<h3>What is meant by self renewal in business?</h3>

The term has to do with the dimension that is seen in a business through the renewal of the key ideas of the particular business. This is the change and redefinitions of the concepts of the business and the ways that it is organized.  It also has to do with the systems that would bring about innovations.

Hence we can say that The transformation of an organization through the revitalization of the key ideas on which it is built is known as self renewal.

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7 0
1 year ago
The adjusting entry to record accrued revenue a.differs from the journal entry to record revenue on account. b.includes a debit
motikmotik

Answer:

D.

Explanation:

To accrue means to grow or to accumulate over time. In accrual accounting, if the revenue recognition criteria are met in the current period, revenue will need to be accrued in the current accounting period even if cash will not been received until a later accounting period.

Accrued revenues is a type of account that require adjustment, to register the unrecorded revenues that have been earned and for which cash has not yet to be received.

The accrual journal entry to record the sale involves a debit to the accounts receivable account and a credit to sales revenue. If the sale is for cash, debit cash instead. The revenue earned will be reported as part of sales revenue in the income statement for the current accounting period.

It is the same for accrued revenue and for revenue on account.

8 0
3 years ago
In some countries with very high inflation rates, citizens tend to spend their money as fast as they receive it in order to keep
ch4aika [34]

In some countries with very high inflation rates, citizens tend to spend their money as fast as they receive it in order to keep it from losing any more of its value. Under these conditions, money is said to lack stability

Explanation:

In most situations, two main factors of a high inflation rate are present in a national economy, which in most countries at the very most. Firstly, an increase in consumer spending in comparison to supply could lead to high inflation. The prices rise when more people fought about fewer goods.

Price stability ensures that excessive inflation and deflation are prevented.

Inflation represents an increase in the overall value for money and purchasing power of products and services within an economy over a prolonged period of time. Deflation is a fall over a longer period of time in the overall price cost for goods and services.

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2 years ago
PLZ HELP
Kitty [74]

Answer:

200

Explanation:

8 0
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