Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. pretty pictures co. has a monthly target operating

Pretty Pictures Co. has a monthly target operating income of $7,500. Variable...

90.2K

Verified Solution

Question

Accounting

Pretty Pictures Co. has a monthly target operating income of $7,500. Variable expenses are 60% of sales and monthly fixed expenses are $1,720. What is the monthly margin of safety as a percentage of target
sales in dollars?
A.81.34%
B.11866%
C.40%
D.43605%
image

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

The motion of a 16.1 lb. particle is given by: r(Ï´) = (5sin 2Ï´) ft, with...

Civil Engineering
Q

In Lehman Brothers' case, why should E&Y have considered the Repo 105 transactions to be material...

Accounting
Q

List 5 reactions to produce Ethyl Bromide and show the mechanisms

Chemistry
Q

Which medical word means muscle wasting OA Hypertrophy B Atrophy OC Dyskinesia OD Ataxia

Biology
Q

X a show that f A B f A f B Rewrite f A B...

Calculus
Q

Solve for all values of x by factoring X x 48 1 X

Algebra
Q

What is the equation of the vertical asymptote of y 1 X

Algebra
Q

Forsyth Co. had the following financial data related to the year ended March 31,2019 ...

Accounting
Q

Magnolia Company produces leather shoes in three models: Medina, Ballard, and Fremont with the following...

Accounting
Q

On July 15, 2018, Cottonwood Industries sold a patent and equipment to Roquemore Corporation for...

Accounting
Q

The Kollar Company has a defined benefit pension plan. Pension information concerning the fiscal years...

Accounting
Q

Ashley is a marketing rep in the electronics division of XYZ Company, earning an annual...

Finance