Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 8-9 brewer corporation estimated its quarterly bre

8-9 Brewer Corporation estimated its quarterly break-even sales for 2017 to be 45,800 units, priced...

70.2K

Verified Solution

Question

Accounting

8-9 Brewer Corporation estimated its quarterly break-even sales for 2017 to be 45,800 units, priced at $38 each. Its actual sales for the year amounted to $7,752,000 and actual quarterly fixed expenses were $618,250.

Required:

  1. Compute the annual margin of safety in units and dollars.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What is an example of a study that uses block randomization?

Basic Math
Q

June Watson is contributing ?$3,500 each year to a Roth IRA. The IRA earns 3.3% per...

Advance Math
Q

2 Five Neurospora auxotrophic mutant strains were isolated None of the mutant strains grew on...

Biology
Q

a Describe one early idea about heredity that was shown to be false by Frederick...

Biology
Q

22 15 J energy is paid by a person to pull an object of mass...

Physics
Q

7 The dragon on this sixteenth century bowl from the Chinese Ming Dynasty is best...

Basic Math
Q

You order ten burritos to go from a Mexican restaurant, six with hot peppers andfour...

Basic Math
Q

The velocity of a particle moving along the x axis is v t its position...

Calculus
Q

hmic Question 9 4 4 43 Part 1 of 2 HW Score 44 11 points...

Algebra
Q

Why facebook committed this fraud? (Relate to fraud triangle and to Kohlbergs stages of ethical...

Accounting
Q

Cullumber Inc. has a customer loyalty program that rewards a customer with 1 customer loyalty...

Accounting
Q

At an effective annual interest rate of 6%, an annuity due with 3N level payments...

Finance