James company has a margin of safety percentage
James Company has a margin of safety percentage of 20% based on its actual sales. The break-even point is $190,000 and the variable expenses are 40% of sales. Given this information, the actual profit is:
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A company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8,000 shares in treasury stock.
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A review of Parrish Corporation's accounting records found that at a volume of 134,000 units, the variable and fixed cost per unit amounted to $5 and $2, respectively.
James Company has a margin of safety percentage of 20% based on its actual sales. The break-even point is $190,000 and the variable expenses are 40% of sales. Given this information, the actual profit is.
Legacy Company is considering the production and sale of a new product with the following sales and cost data: unit sales price $18; unit variable costs $8.10; and total fixed costs of $8,250.
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The Filtering Department started the current month with beginning goods in process inventory of $70,000. During the month, it was assigned the following costs: direct materials, $92,000.
Antivirus Inc. expects its sales next year to be $2,500,000. Inventory and accounts receivable will increase $480,000 to accommodate this sales level.
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