Majid Corporation sellsa product for $145 per unit. The product's current sales are 41,300units and its break-even sales are 32,625 units.
What is the margin ofsafety in dollars?
Multiple Choice
$3,736,965
$5,988,500
$4,730,625
$1,257,875
Mcdale Inc. producesand sells two products. Data concerning those products for the mostrecent month appear below:
| Product I49V | Product Z50U |
| Sales | $ | 32,000 | | $ | 37,000 | |
| Variableexpenses | $ | 12,000 | | $ | 27,330 | |
|
The fixed expenses ofthe entire company were $39,140. The break-even point for theentire company is closest to:
Multiple Choice
$78,470
$91,023
$39,140
$46,260
A cement manufacturerhas supplied the following data:
| | |
| Tons of cementproduced and sold | | 275,000 |
| Salesrevenue | $ | 979,000 |
| Variablemanufacturing expense | $ | 232,000 |
| Fixedmanufacturing expense | $ | 313,000 |
| Variable sellingand administrative expense | $ | 110,650 |
| Fixed sellingand administrative expense | $ | 93,000 |
| Net operatingincome | $ | 230,350 |
|
The company'scontribution margin ratio is closest to:
Multiple Choice
Mullee Corporationproduces a single product and has the following cost structure:
| | |
| Number of unitsproduced each year | | 7,000 |
| Variable costsper unit: | | |
| Directmaterials | $ | 51 |
| Directlabor | $ | 12 |
| Variablemanufacturing overhead | $ | 2 |
| Variable sellingand administrative expense | $ | 5 |
| Fixed costs peryear: | | |
| Fixedmanufacturing overhead | $ | 441,000 |
| Fixed sellingand administrative expense | $ | 112,000 |
|
The absorption costingunit product cost is:
Multiple Choice
$149 per unit
$65 per unit
$63 per unit
$128 per unit
