
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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A company makes a single product which it sells at 10 per unit. Fixed costs are $ 48,000 per month and the product has a contribution to sales ratio of 40%. In a period when actual sales were $ 1,40,000 . what the company's margin of safety in units ?
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- Chelsea Company has sales of $400,000, variable costs of $10 per unit, fixed costs of $100,000, and a profit of $60,000. How many units were sold?arrow_forwardhelp mearrow_forwardIf a company, sold 37,000 units, total sales were $148,000, total variable expenses were $105,080, and fixed expenses were $38,900. What is the company's contribution margin (CM) ratio? What is the estimated change in the companys net operating income if it can increase sales volum by 525 units and total sales by $2,100. Contribution margin ratio ___________________% Estimated change in net operating income ___________________%arrow_forward
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