Question
Asked by:
$15.00 Accounting
- From Mathematics: General-Mathematics
- Closed, but you can still post tutorials
- Due on Feb. 12, 2009
- Asked on Feb 11, 2009 at 8:52:10PM
Q:ACC 220 - Can Someone please help with this. Due Thursday. Post a 200 to 300 word response that addresses question 7, 9, & 14 in the Questions section on pp 284-285 of the text. Marshall Company had actual sales of $600,000 when break even sales were $420,000. What is the margin of safety ratio? (2) Cournot Company sells 1000,000 wrenches for $12 a unit. Fixed costs are $3000,000 and net income $200,000. What should be reported as variable expenses in the CVP income statement? (3) Linda Fearn asks your help in constructing a CVP graph. Explain to Linda l. how the break-even point is plotted 2. how the level of activity and dollar sales at the break-even point are determine. (Do the answers suppose to be words only or words and charts) Thanks
To which CDB01 said: Marshall Company had actual sales of $6000,000 when break-even sales were $420.000. What is the nargin of safety ratio? (a) 25% (b) 30% (c) 33%1/3% (d) 45% Cost-volume profit (CVP) analysis is based entirely on unit costs. Do you agree? Explain My answer - I disagree with this because the CVP is based on the unit cost. The activity amounts of units sold should be determined of the outcome of the analysis Linda Fearn asks your helpp in constructing aCVPgraph. Explain to Linda (a) how the break-even point is plotted and (b) how the level of activity and dollar sales at the break-even point were determined My answer - I think that the the units sold should be multiply by the selling price. Next determine the level of activity and dollar amount at the amount of sales.
