Randolph Corporation sells a single product at a price of $275 per unit. Variable cost per unit is $135 and fixed costs total $356,860. If sales are expected to be $825,000, what is the company's margin of safety

Answers

Answer 1

Answer:

Margin of Safety = $124,038

Explanation:

Given:

Total Sale = $825,000

Sales price = $275 per unit

Variable cost per unit = $135

Fixed costs total = $356,860

Find:

Margin of Safety

Computation:

BEP Sale = FC / [(Sales per unit - VC) / Sales per unit]

BEP Sale = $700,962

Margin of Safety = Total Sale - BEP Sale

Margin of Safety = $825,000 - $700,962

Margin of Safety = $124,038


Related Questions

Which statement best describes what a project manager controls?
the overall choice of which work becomes a project
the overall deadline when a project is due
the overall resources allocated for a project
the delegation of responsibilities in a project

Answers

Answer:

I believe it’s the delegation of resources

Explanation:only other logical choice is delegation of responsibilities but that’s up to the boss or who assigned the project in the first place

The statement that best describes what a project manager controls is the delegation of responsibilities in a project.

Who is a project manager?

A project manager refers to the person who has the responsibility of planning and executing a project.

The delegation of responsibilities in a project is the best statement that describes what is controlled by the project manager.

Therefore, D is the correct option.

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It is a baked staple food made from flour,liquid and other ingredients

a. cakes
b.biscuit
c.cookies
d.muffins

Answers

D. Muffins

(I'm only in 7th grade, sorry if it is wrong.)

It can't be biscuits or cookies, since they require way more items. It is reasonable to choose muffins, since it doesn't need as much ingredients as cake.

You are a junior in college. You sent your resume to a half-dozen companies hoping to get a summer internship. Two weeks ago XYZ Corporation contacted you and offered you a paid summer internship. One week ago you accepted their offer, agreeing to start work a week after your last final exam. Today you received a much better internship offer from ABC Corporation. What should you do

Answers

Answer:

I would politely reach out to XYZ organization and let them know I won't be taking them on their offer

Explanation:

In this particular situation, there is no legal binding in this agreement to start work. There is no responsibility from me to XYZ corporation.

If this new offer excited me more than what XYZ corporation has offered, then I have to decide which company i would decide to do my internship with. So I would have to politely decline the offer from XYZ.

What are the arithmetic and geometric average returns for a stock with annual returns of:__________.
a) 4%,
b) 9%,
c) -6%,
d) 18%

Answers

Answer:

Arithmetic average return = 6.25%

Geometric average return = 5.89%

Explanation:

Annual returns of 4%,  9%,  -6% and  18%

Arithmetic average return of the stock = ∑ 4%,9%,-6%,and 18% / n

= 25%/4

= 6.25%

Geometric average return formula = x1,*x2*x3 .....^1/n  - 1

Geometric average return = 1.04*1.09*(1-0.06)*1.18^1/4 -1

Geometric average return = 1.04*1.09*0.94*1.18^1/4 - 1

Geometric average return  = 1.25789^1/4-1

Geometric average return = 1.0589 - 1

Geometric average return = 0.0589

Geometric average return = 5.89%

It is _______ for a company to issue equity than debt; it is ________ for an investor to buy equity in a company than debt in the same firm. a. safer; safer b. safer; riskier c. riskier; safer d. riskier; riskier e. none of the above enter a, b, c, d or e

Answers

Answer:

b. safer; riskier

Explanation:

In Business management, there are two (2) main methods that business owners could use to finance their businesses and these includes equity and debt financing.

Generally, any business owner that uses equity to finance its business rather than relying on the use of debt, simply has a lower risk of going bankrupt.

Hence, it is safer for a company to issue equity than debt; it is riskier for an investor to buy equity in a company than debt in the same firm.

Is standardizing physical distribution function true or false

Answers

Answer:

Ture

Explanation:

.....................

A well-defined road map to achieving a career goal is a/an: ​

Answers

Answer:

A career plan

Explanation:

A career plan is kinda like a road map for achieving your career goals!

Hope this helps and peace and love

If Xiu Li organized focus groups to discuss the idea of flavored additives with Hope Springs customers, this would be an example of

Answers

Answer: concept testing

Explanation:

Concept testing is simply used by a company or organization to determine whether customers will accept a product or not. In this case, a survey can be used to know if they'll except such product before it's introduction to the market.

Since Xiu Li organized focus groups to discuss the idea of flavored additives with Hope Springs customers, this would be an example of concept testing.

Which of these elements contributes toward globalization of the economy?

Answers

The element which contributes to the globalization of the economy is the use of foreign labor. Therefore, A is the correct option.

What is globalization?

Globalization is the process of globalizing trade, goods, and services. Under this process, the trade, import, and export barriers are at a minimum. Not only the goods and services but the culture and customs of one country are also seen to be adopted by other countries under globalization. Globalization is the process of interacting with other countries by globalizing.

The process of globalization involves many ways including people-to-people contact such as visiting other countries; increasing trading by enhancing the value of imports and export; increasing the cultural contact between the countries such as Yoga which is an ancient wisdom of India is now becoming a part of the daily routine of many people around the globe.  

Thus, the employment of foreign labor is a factor in the globalization of the economy. As a result, choice A is the best one.

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The given question is incomplete. The complete question is given below.

Which of these elements contributes toward globalization of the

economy?

A. Use of foreign labor

B. Import duties and tariffs

C. Anti-immigration policies

D. Opportunity costs

At Bell’s Furniture, assemblers are paid according to the following differential piece rate scale: 1−20 dressers in a week, $7 each; 21−30 dressers, $9.50 each; and $14 each for every dresser over 30. Liz Henderson assembled 47 dressers in one week. Find her gross pay

Answers

Answer:

$658

Explanation:

Henderson assembled 47 dressers in the week.  

Her applicable pay rate is $14 per piece since she assembled over  30 dressers in one week.

her gross pay for the week

=$14 x 47

=$658

What is the percentage change in the PV of $100 due in 1 year when the interest rate changes from 5% to 10%?
a. Decreases by 60.6%
b. Decreases by 4.33%
c. Decreases by 4.5%
d. Does not change
e. Increases by 4.5%
f. Increases by 60.6%

Answers

Answer:

c. Decreases by 4.5%

Explanation:

Calculation for What is the percentage change in the PV

First step is to calculate the present value when r is 5%

PV = 100 / (1 + 5%)^1

PV = $95.24

Second step is to calculate present value when r is 10%

PV = 100 / (1 + 10%)^1

PV = $ 90.91

Last step is to calculate the percentage change in the PV

Percentage change in the PV = (90.91 - 95.24) * 100 / 95.24

Percentage change in the PV = - 4.55% (Decrease)

Therefore the Percentage change in the PV Decreases by 4.5%

During the year, the company produced and sold 40,000 units of product at a selling price of $14.43 per unit. There was no beginning inventory of product at the beginning of the year. What is the contribution margin for the year

Answers

Answer:

$392,200

Explanation:

Calculation for the contribution margin for the year

Using this formula

Contribution Margin= Sales-Variable costs

Let plug in the formula

Contribution Margin=(14.43 per unitsx 40,000 units) - $185,000

Contribution Margin=$577,200-$185,000

Contribution Margin=$392,200

Calculation for variable costs

Manufacturing $114,000

Marketing: 31,000

Administrative: 40,000

Total variable costs=$185,000

Therefore the contribution margin for the year will be $392,200

A proposed new project has projected sales of $195,000, costs of $92,000, and depreciation of $25,200. The tax rate is 25 percent. Calculate operating cash flow using the four different approaches. (Do not round intermediate calculations.)
Operating cash flow
EBIT +Depreciation - Taxes 58,800
Top-down
Tax-shield
Bottom-up

Answers

Answer:

EBIT + Depreciation - Tax

= (195000-92000-25200) + 25200 - 19450

= $83,550

Top down OCF = EBIT - (EBIT * Tax) + Depreciation  

Top down OCF = (195000-92000-25200) - ((195000-92000-25200) * 0.25) +25200

Top down OCF = 77800 - 19450 + 25200

Top down OCF = $83,550

Tax shield OCF = (Sales - Exp) (1-tax) + (Dep * tax)  

Tax shield OCF = (195000-92000) (1-0.25) + (25200 * 0.25)  

Tax shield OCF = 77250 + 6300

Tax shield OCF = 83550

Bottom Up OCF = Net Income + Dep

Bottom Up OCF = (77800 * (1-0.25) + 25200

Bottom Up OCF = 83550

HelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelpHelp

Answers

Answer:

okokokokokokokokokokokookokokokokokokok

Answer:

Idkidkidkidkidkidkidk

Explanation:

A company has a discount on a forward contract for an asset. How is the discount recognized over the life of the contract?

Answers

Answer: It is charged to accumulated other comprehensive income.

Explanation:

The discount is recognized over the life of the contract when it is charged to accumulate other comprehensive income.

Zhang Industries budgets production of 220 units in June and 230 units in July. Each unit requires 1.5 hours of direct labor. The direct labor rate is $12.40 per hour. The indirect labor rate is $19.40 per hour. Compute the budgeted direct labor cost for July.

Answers

Answer:

Budgeted direct labor cost for July = $4,278

Explanation:

Given:

Production in July = 230 units

Hours of direct labor  = 1.5 hours per unit

Direct Labor rate = $12.40 per hour

Indirect labor rate = $19.40 per hour.

Find:

Budgeted direct labor cost for July

Computation:

Budgeted direct labor cost for July = (Production in July)( Hours of direct labor)( Direct Labor rate)

Budgeted direct labor cost for July = (230)(1.5)(12.4)

Budgeted direct labor cost for July = $4,278

Varughese Incorporated is working on its cash budget for March. The budgeted beginning cash balance is $33,000. Budgeted cash receipts total $182,000 and budgeted cash disbursements total $191,000. The desired ending cash balance is $40,000. The excess (deficiency) of cash available over disbursements for March will be:

Answers

Answer:

$24,000

Explanation:

Beginning Cash Balance       33,000

Budgeted Cash Receipt        182,000

Total Available Cash                                       215000

Less: Cash Disbursements                             -191,000

Total excess (deficiency) of cash available  $24,000

You purchased a share of stock for $53. One year later you received $3.00 as dividend and sold the share for $52. Your holding-period return was

Answers

Answer:

the holding period return is 3.77%

Explanation:

The computation of the holding period return is shown below:

Holding period return is

= (Income + (Selling price - Purchase price)) ÷ Purchase price

= ($3 + ($52 - $53)) ÷ 53

= 3.77%

Hence, the holding period return is 3.77%

We simply applied the above formula so that the correct value could come

And, the same is to be considered  

If the government sets a quota of 300 pounds of fish caught per day, then fish will sell for ________ more per pound than the cost of catching the fish.

Answers

Answer:

$20 per pound

Explanation:

According to the attached diagram as we can see that the government sets a quota of 300 pounds for caughting a fish per day due to which the selling price is rised from $30 to $50

Also more than 300 pounds of fish would not be caught per day

Therefore the difference of $20 would be considered

hence, the fish would sell for $20 per pound more

Costello Corporation reported pretax book income of $502,000. During the current year, the reserve for bad debts increased by $9,000. In addition, tax depreciation exceeded book depreciation by $42,000. Finally, Costello received $4,000 of tax-exempt life insurance proceeds from the death of one of its officers. Costello's deferred income tax expense or benefit would be:________.

Answers

Answer: $11220

Explanation:

Based on the scenario in the question, first, we.have to calculate the difference in net tax which will be:

= $42000 - $9000

= $33,000

Using a tax rate of let's say 34%, Costello's deferred income tax expense would be:

= $33,000 × 34%

= $33000 × 0.34

= $11220

In the formula FV=P(1+r)n, what is the n or period if the term is 10 years compounded yearly at 12% per annum?
10 b) 40 c) 120 d) 12

Answers

Answer:

a 10

Explanation:

The formula to compute the future value is shown below

Future value = Present value × (1 + rate of interest)^number of years

where,

The Rate of interest is 10%

And, the number of years or term is 10 years

Therefore as per the given situation, the correct option is a.

hence, the same is to be considered

Recovery of Previously Written Off A/R
September 10-King pays the $200 previously
written off as uncollectible.
Prepare both journal entries.​

Answers

Answer and Explanation:

The journal entries are shown below

On Sep 10

Account receivable - king $200

            To Bad debt expense $200

(Being the reinstate previously written off account receivable is recorded)

Here account receivable is debited as it increased the assets and credited the bad debt expense as it decreased the expenses

On Sep 10

Cash Dr $200

    To Account receivable - king $200

(Being cash collection is recorded)

Here the cash is debited as it increased the assets and account receivable is credited as it decreased the assets

When the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a

Answers

Answer:

debit to the Allowance account.

Explanation:

GAAP is an acronym for Generally Accepted Accounting Principles, it comprises of the accounting standard, procedures and principles used by public institutions in the United States of America. The U.S GAAP is issued by the Financial Accounting Standards Board (FASB) and adopted by the U.S. Securities and Exchange Commission (SEC).

IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globally.

According to the Generally Accepted Accounting Principles (GAAP), when the allowance method is used for bad debts, the entry to write off an individual account known to be uncollectible involves a debit to the allowance account.

SEE
What characters can be included in a macro name? Check all that apply.
letters
numbers
spaces
underscores
BO
symbols

Answers

Answer:

Letter

Number

Underscores

Explanation:

A Macro names should mainly comprise of alphanumeric characters which is made up of mainly letters and numbers. Underscores as well as the first key being in capital is also important.

Space isn’t necessary as it has no clearly defined function .

Answer:

1) Letters

2) Numbers

3) Underscores

Explanation:

got it right on edge

Sinclair is considering the acquisition of new machinery that will produce uniform benefits over the next five years. The following information is available: Annual savings in cash operating costs:$460,000 Annual depreciation expense:$360,000 If the company is subject to a 20% tax rate, what denominator should be used to compute the machinery's payback period

Answers

Answer:

The denominator (net annual cash flow) = $440,000

Explanation:

The denominator (net annual cash flow)

Particular                                 Amount

Saving in operating cost        $460,000

Less: Depreciation                 $360,000

Net additional income   $100,000

Income tax on above (20%)   $20,000

Savings after tax                   $80,000

Add: Depreciation                  $360,000

Net annual cash benefit   $440,000

The denominator (net annual cash flow) = $440,000

what should i do for college?

Radiology
Nursing
Crime Scene Technician
X-ray Technician
Vet Assistant
Dental Assistant
Accounting
Elementary Teacher
Pre-School Teacher

Answers

Crime scene technician

Suppose the demand for a price maker’s product is estimated to be Qd = 100 – 2P and its total cost function is C(Q) = 10Q. Under first-degree price discrimination, what will be the firm’s profits?

Answers

Answer: See explanation

Explanation:

From the question,

Qd = 100 – 2P

We have to use the subject of the formula to get the expression for Price(P). This will be

2P = 100 - Qd

P= (100 - Qd) /2

P = 50 - 0.5Q

Also, C(Q) = 10Q

MC = 10

Since P = MC

50 - 0.5Q = 10

Collect like terms.

50 - 10 = 0.5Q

0.5Q = 40

Q = 40/0.5

Q = 80

Recall that,

P = 50 - 0.5Q

= 50 - 0.5(80)

= 50 - 40

= 10

The profit will be calculated as:

= TR - TC

where,

Total revenue = Price × Quantity

= 80 × 10 = 800

Total cost = 10Q = 10 × 80 = 800

Profit = 800 - 800 = 0

Legal status of a person or entity that cannot repay the debts they oweStays on credit report for 7 years

Answers

Answer:

i think its 5

Explanation:

because the overtime of this will add up

When Auto-Manufacturing Company designed a 6-month e-mail campaign, it included several customer offers that increased in value over time. This is an example of:_________.
A. Content marketing
B. The bounce rate
C. Content optimization
D. Exclusive deals
E. A drip campaign

Answers

Answer: a drip campaign

Explanation:

The example used by Auto-Manufacturing Company in the above scenario is a drip campaign.

Drip marketing is refered to as an email marketing strategy whereby several mails are sent out to customers at a particular time period. It is used to keep in touch with the customers and also nurture leads.

Which of the following are different types of low risk bonds discussed in the presentations? (Select all that are correct.)
Group of answer choices

High Yield Bonds

Callable, Speculative Grade, and Municipal Bonds

Corporate bonds--form of borrowing by a corporation, interest is subject to taxes.

Government bonds--issued by US Treasury, low risk, and no state or local taxes on the income.

Answers

Government and Municipal
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