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
sesenic [268]
3 years ago
12

EX 2-14 Margin of safety

English
1 answer:
hoa [83]3 years ago
4 0

Answer:

Explanation:

a. The margin of safety will be calculated first and this will be:

= Actual sales - Break even sales

= $1,200,000 - $960,000

= $240,000

The margin of safety expressed as a percentage of sales will then be:

= 240,000/1200000 × 100

= 1/5 × 100

= 20%

b. Firstly, we have to calculate the break even sales which will be:

= Fixed cost / Contribution margin ratio

= 1875000 / (100% - 80%)

= 1875000/20%

= 1875000/0.2

= $9,375,000

Then, to calculate the actual sales goes thus:

% Margin of safety = Margin of safety / Actual sales.

20% = (Actual sales - 9375000) / Actual sales

0.2 × Actual sales = Actual sales - 9375000

Actual sales = $11,718,750

You might be interested in
your father has just built a new house for the family. write a letter to your elder brother who lives abroad describing the new
vova2212 [387]

A sample letter informing your elder brother who lives abroad about a house your father has just built is demonstrated below:  

                                                                                      15 Johnson's Avenue,

                                                                                      Victoria Island L.G.A.,

                                                                                      Lagos State,

                                                                                      Nigeria.

                                                                                      13th September 2021.

Dear Daniel,

It feels good to write you again. How are you doing? I hope your studies are going on well, and you are coping with the winter there in America. I am so excited about the new house that Papa just built and I can't wait to share the interesting details with you.

Last month, the duplex which has been an ongoing project was completed by our father. We moved in early this month it has really been fun living here. The house is made up of seven bedrooms with five upstairs and the remaining two downstairs. One of the two rooms downstairs is meant for the visitors while the other is for the domestic staff. I have one room upstairs and the room adjacent to mine was reserved for you. Papa and Mama have two rooms to themselves while Jessica stays in the one close to the main hall.

This house is very magnificent! The floor is fitted with white tiles, the ceiling has a beautiful POP while the paintings are beautifully and artistically done. We are now the talk of the town! Our new neighbors cannot help admiring our house and we have had a number of them coming in to have a better view. I love the new house and I believe you will love it too.

I am so proud of our dad! I can't wait for you to come back and tour the house. I just wanted to share the tip of the iceberg with you. More details will be shared in the next letter. Till then.

Love,

Betty.

Learn more about letter writing here:

brainly.com/question/24368611

7 0
3 years ago
Read 2 more answers
Read the sentence.
timurjin [86]

Answer:

Mrs. Park

Explanation:

I had it on the tast and it was corect hop it helpes.

8 0
3 years ago
Identify the subject and the verb in the following sentence:
Alexus [3.1K]

Answer:

subject: The three little boys

Verb: were

Explanation:

subject means the first words in a sentence here being 'the three little boys' while the verb is the action word here is 'were'

8 0
3 years ago
Which of the following best describes the way the author characterizes Papa's return to Manzanar?
Gnom [1K]

Answer:

B.

Explanation:

the correct answer is b, i took the test:)

5 0
4 years ago
Read 2 more answers
3. Communication as Interaction model & all 7 elements
erastova [34]

Communication as Interaction model & all 7 elements

Explanation:

Interaction model of Communication :

  • The interaction model of communication describes communication as a two-way process in which participants alternate positions as sender and receiver and generate meaning by sending and receiving feedback within physical and psychological contexts.

7 Element of Communication :

  • There are 7 major elements when we talk about the communication process. These are: sender, ideas, encoding, communication channel, receiver, decoding and feedback.

8 0
3 years ago
Other questions:
  • I need help with writing skills( A PERSONAL NARRATIVE) Exam 986170
    9·1 answer
  • Instructions:Select the correct answer.
    9·2 answers
  • Essay for the purpose of celebrating teacher's day
    7·1 answer
  • 1) According to the Pew Research Center, 26 percent of American adults say they have not read a book in the past year. (2) Meanw
    15·2 answers
  • Books are the best of things, well used; abused, among the worst this quote is given, prompt is to argue whether this statement
    13·1 answer
  • One notable characteristic of “The Lady of Shalott” that contributes to its verbal music is the — a. lack of alliteration c. reg
    8·2 answers
  • In the above excerpt from the poem, the phrase "the unpebbled walk awaits tomorrow's footprints" refers to ________.
    13·1 answer
  • What skills do you need to participate successfully in a collaborative discussion about an assigned novel?
    9·1 answer
  • Which sentence best describes voice rather than style?
    6·1 answer
  • Write an essay about an old desk in class​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!