1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vaselesa [24]
3 years ago
9

Victor’s Repair Shop has a monthly target operating income of $20,000. Variable expenses are 60% of sales, and monthly fixed exp

enses are $12,000.
Requirements

1. Compute the monthly margin of safety in dollars if the shop achieves its income goal.

2. Express Victor’s margin of safety as a percentage of target sales.

3. What is Victor’s operating leverage factor at the target level of operating income?

4. Assume that the company reaches its target. By what percentage will the company’s operating income fall if sales volume declines by 12%?
Business
2 answers:
Vedmedyk [2.9K]3 years ago
8 0

Answer:

Explanation:c.m =40% contribution margin = target income +fixed expenses = 20000+12000=32000

Target sales 32000/.40=80000

Breakeven sales =12000/.40=30000 margin of safety dollars = 80000-30000=50000

Margin of safety 50000/80000=62.5

Operating ieverage =c.m/operating income

32000/20000=1.6

12%*1.6=19.2%

elixir [45]3 years ago
5 0

Answer:

Explanation:

I want the answer

You might be interested in
Oliver Industries is evaluating the manufacturing process for one of their products. Oliver has determined that the process has
kifflom [539]

Answer:

b) has sunk costs of exist6,000.

Explanation:

The cost which already been incurred and does not effect the decision being made. This cost is prospective cost. It can be avoided in decision making process.

Sunk Cost

Upgradation of Equipment = $6,000

Other cost are the routine costs which incur every year and future cost which is expected to be incur.

6 0
3 years ago
Plyler Cabinets declared a dividend of $1.20 a share on May 15 to holders of record on Monday, June 1. The dividend is payable o
Vesnalui [34]

Answer:

The correct answer to the following question is that Sara will not receive any dividend income .

Explanation:

Sara has bought the Plyler cabinets share ( 500 ) on Friday, May 29 but the plyler cabinets had declared dividend of $1.20 on a share on May 15, and the holders will get dividend on June 1 , which means she has bought the shares after the ex dividend date ( after 15th May ) so she will not receive any dividend income .

4 0
3 years ago
A student is conducting a research project that involves using a survey. the survey asks participants about their highest level
iris [78.8K]

Exempt review

<span> An exempt review is a defined as one which poses minimum amounts of risk or threat to participants of a survey. Exempt reviews are also conducted anonymously, with no identifiable information of the participants collected. In this case since the student’s questions are fairly harmless and the anonymity of the subjects is maintained, it can be classified as an exempt review</span>
3 0
3 years ago
Which part of a food label is the primary tool for determining the healthfulness of the product?
Klio2033 [76]

Answer: (B) Nutrition fact panel

Explanation:

The nutrition fact panel is one of the primary tool which is used for determining the nutrition and also the healthfulness of the given material and the products.

The nutrition fact panel is the part of the food label and it providing the information about the content of nutrient in the food and the various types of beverages.

It basically provide the information about the sodium, fat content and the sugar.

Therefore, Option (B) is correct.

6 0
3 years ago
Oshua usually ignores the little voice that says he should spend more time with his sick grandfather. He is​
emmainna [20.7K]
Joshua usually ignores the little voice that says he should spend more time with his sick grandfather. He is​ not living consciously.<span>Every human being should </span>live<span> his or her life as </span>consciously as possible. <span>The state of living conscious means that you are now the one who makes his very own choices that come from deep within yourself.</span>
8 0
4 years ago
Other questions:
  • Kristine works for Treeteeth, a U.S. company doing business in several countries around the world. She applies for a management
    12·1 answer
  • When the economy is on the short-run aggregate supply curve and to the left of the long-run aggregate supply curve, actual aggre
    14·1 answer
  • What should you do if your manager has to leave the office to attend to personal business? A. Let the call go directly to voicem
    8·2 answers
  • What do you call an agreement made between different companies to charge the same amount for products?
    8·2 answers
  • If we use "ceteris paribus" when plotting a demand curve for the price of canned beans, what is assumed to be constant?a. The pr
    14·1 answer
  • One of the main advantages of e-marketing is _
    13·2 answers
  • Varughese Inc. is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts t
    15·1 answer
  • ACCOUNT TITLE
    10·1 answer
  • What is Installment credit? <br> (In your own words, please and thank you!!! :)
    13·2 answers
  • When may an item attached to a structure be considered personal property rather than real property?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!