Margin of Safety a. If Del Rosario Company, with a break-even point at $482,400...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Margin of Safety
a If Del Rosario Company, with a breakeven point at $ of sales, has actual sales of $ what is the margin of safety expressed in dollars and as a percentage of sales? Round the percentage to the nearest whole number.
$
b If the margin of safety for Del Rosario Company was fixed costs were $ and variable costs were of sales, what was the amount of actual sales dollars
Hint: Determine the breakeven in sales dollars first.
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!