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Evgesh-ka [11]
3 years ago
9

If Revere Company expects to sell 1,250 units of its product at $12 per unit, and break-even sales for the product are $13,200,

what is the margin of safety ratio?
Business
1 answer:
djverab [1.8K]3 years ago
6 0

Answer:

Margin of safety ratio= 0.12

Explanation:

Giving the following information:

Sales= 1,250 units

Break-even point in sales= $13,200

Selling price= $12

<u>First, we need to determine the current sales in dollars:</u>

Sales in dollars= 1,250*12= $15,000

<u>Now, the margin of safety ratio:</u>

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

Margin of safety ratio= (15,000 - 13,200) / 15,000

Margin of safety ratio= 0.12

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Visit the web site for a different well-known company, and find the section that lists the company's values. what are the compan
vovangra [49]

Person can visit the website of Microsoft is the well known company to find the section that lists the company's values.

<h3>What are the core values that Microsoft has?</h3>

  • Innovation - People think that technology can and should be used for good, and that meaningful innovation can and will help to make the world a better place in both large and little ways.
  • Inclusion and variety Diverse voices allow us to thrive. To inform, challenge, and push our thinking, we draw on the experiences, strengths, and perspectives of our workers and customers.
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Thus, Microsoft is company that have a solid values.

For further details about core values that Microsoft , click here:

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6 0
2 years ago
"After losing her job, a woman sits down to generate a list of ways that she can cut expenses and possibly pick up some extra in
Soloha48 [4]

Answer:

she is engaging in problem focusing copying

Explanation:

problem focusing on copying - As the word implies, its main focus on the problem-solving approach. The main goal of this approach is to identify the cause of the problem causing stress and then tackle the cause to diminish it at a low level.

This strategy first aimed to identify the problem and then reduce the cause. Thus, managing stress is a crucial step in this strategy by reducing negative thoughts or emotions.

8 0
4 years ago
Feeney Furniture prepared the following sales budget: Month Cash Sales Credit Sales March $19,000​ $11,000​ April $40,000​ $11,0
marusya05 [52]

Answer:

total cash collections in June = $101050

so correct option is A. $101,050

Explanation:

given data

month              cash sales                    credit sale

march                $19,000                        $11,000

April                   $40,000                       $11,000

May                    $43,000                       $35,000

June                   $59,000                       $50,000

to find out

total cash collections in June at Feeney Furniture

solution

we find here total cash collections in June that is express as

total cash collections in June = cash sale in June  + ( credit sale in June × 62% ) + ( credit sale in May × 30%) +  ( credit sale in April × 5%)   .............1

put here value we get

total cash collections in June = $59000  + ( $50000 × 62% ) + ( $35000 × 30%) +  ( $11000 × 5%)

total cash collections in June = $101050

so correct option is A. $101,050

8 0
4 years ago
Read 2 more answers
Weighted Average Cost Flow Method Under Perpetual Inventory System
Fudgin [204]

Answer and Explanation:

The computation of the cost od merchandised sold for each sale and the inventory balance after each sale is presented in the attachment below;

The perpetual inventory is the system which updated the inventory as on a regular basis

While on the other hand,  the weighted average cost method is the method in which the average cost is calculated after each every purchase is made

In the calculation below:

1. The weighted average cost of $30.90 come from

= (Total inventory cost) ÷ (Total quantity)

= ($180,000 + $1,674,000) ÷ (60,000 units)

= $30.90

1. The weighted average cost of $31.60 come from

= (Total inventory cost) ÷ (Total quantity)

= ($463,500 + $674,100) ÷ (36,000 units)

= $31.60

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lesya [120]

Answer:

See explanation

Explanation:

Consider liabilities due within period of more than 12 months for the long-term liabilities section of the balance sheet.

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