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e-lub [12.9K]
3 years ago
12

Marigold Corp. reported sales of $2200000 last year (80000 units at $20 each), when the break-even point was 44000 units. Marigo

ld’s margin of safety ratio is:_______
Business
1 answer:
belka [17]3 years ago
8 0

Answer:

the margin of safety ratio is 45%

Explanation:

The computation of the margin of safety ratio is shown below:

The Margin of safety ratio is

= (Actual sales unit - break even sales unit) ÷ (Actual sale unit)

= (80,000 units - 44,000 units) ÷ (80,000 units)

= 36,000 units ÷ 80,000 units

= 45%

Hence, the margin of safety ratio is 45%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

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In the Vasquez Corporation, any overapplied or underapplied manufacturing overhead is closed out to Cost of Goods Sold. Last yea
Crank

Answer:

$69,000

Explanation:

Calculation for overapplied or underapplied manufacturing overhead

Using this method

Manufacturing overhead=Cost of Goods Manufactured-( Actualmanufacturing overhead cost-Applied manufacturing overhead cost to job)

Let plug in the formula

Manufacturing overhead=71,000-(27,000-29,0000)

Manufacturing overhead=71,000-2,000

Manufacturing overhead=$69,000 overapplied

Therefore Manufacturing overhead for the year will be $69,000 overapplied

6 0
3 years ago
Tyler Hawes and Piper Albright formed a partnership, investing $210,000 and $70,000, respectively. Determine their participation
rewona [7]

Answer:

Tyler year-end capital account 373,500

Piper year-end capital account 196,500

Explanation:

income 290,000

interest:  (14,000)     (210,000 x 5% + 70,000 x 5%)

salaries:  (81,000)     (36,000 + 45,000)

remainder 195,000

Tyler:

210,000 + 5% interest + 36,000 salary + 195,000 x 3/5 = 373.500‬

Piper

70,000 + 5% interest  + 45,000 salary + 195,000 x 2/5 = 196,500

3 0
3 years ago
Georgia Corp. uses the indirect method to prepare the statement of cash flows. Refer to the following
dedylja [7]

Answer:

A) subtraction from net income under the operating activities section

Explanation:

Under the indirect method to determinate the cashflow from operating activities we reconcile the net income with the change in the net working capital.

The working capital is the current assets and current liabilities.

For this case, the account receivable account, increase to 48,000 from 45,000

This increase means, less sales were collected, so cash "outflow" as the cash from sale is not being converted into cash. It could also be understand as the company use 3,000 in financing their customers. This also is seeing as a decrease in cash flow.

7 0
3 years ago
A bond has a standard deviation of 10.7 percent and an average rate of return of 6.4 percent. What is the coefficient of variati
kirill [66]

Answer:

CoV = 1.671875 rounded off to 1.67

Explanation:

The coefficient of variation (CoV) is a measure of volatility of an investment. It tells the volatility in comparison with the expected return from the investment. We can say that the CoV tells us the risk per unit of return as CoV is calculated by dividing standard deviation, which is a measure of risk, by the expected return of the investment.

CoV = SD / r

Where,

  • SD is the standard deviation
  • r is the expected return

CoV = 0.107 / 0.064

CoV = 1.671875 rounded off to 1.67

8 0
3 years ago
The ________ outlawed the paying of bribes to foreign government officials to gain business. Group of answer choices Convention
nekit [7.7K]

Answer:

Hello There!!

Explanation:

I think the answer is The Foreign Corrupt Practices Act.

hope this helps,have a great day!!

~Pinky~

5 0
3 years ago
Read 2 more answers
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