Chrome File Edit View History Bookmarks People Window Help 4) 99%Ca, Sat 9:55 PM

Question

Chrome File Edit View History Bookmarks People Window Help 4) 99%Ca, Sat 9:55 PM OD //IL WileyPLUS C Secure | https://edugen.wileyplus.com/edugen/student/rmainfr.uni WlleyPLUS: MyWleyPLUS I HelR I Contact UsI Log Out i WileyPLUS Weygandt, Financial & Managerial Accounting, 2e Financial and Managerial Accounting (ACCTG 10 and 11) MESSAGE MY INSTRUCTOR STANDARD VIEW PRINTER VERSION BACK NEXT Exercise 19-16 (Part Level Submission) Glacial Company estimates that variable costs will be 67.8 % of sales, and fixed costs will total $ 705,000 . The selling price of the product is $ 4,; iles (c) Assuming actual sales are $ 2,589,000, compute the margin of safety in (1) dollars and (2) as a ratio. (Round ratio to 0 decimal places, e.g. 20.) (1) Margin of safety (2) Margin of safety ratio ayer LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER ot AM not PM

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Selling price of product                       4.20 Variable costs at 67.8%                       2.85 Contribution per unit = 4.20 - 2.85                       1.35 Fixed costs          705,000.00 BEP in $ = 705000/1.35          521,295.47 Actual sales      2,589,000.00 MOS in $ = 2589000 - 521295.47      2,067,704.53 MOS in % = 2067,704.53/2589000 79.86%

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.