<u>Calculation of margin of safety in sales dollars:</u>
We are given that Em sales had $2,200,000 in sales last month and the contribution margin ratio was 30% and operating profits were $180,000.
We can calculate fixed cost with the help of following formula:
Fixed Costs =( Sales * contribution margin ratio) - operating profits
= (2200000*30%)-180000
= $ 480,000
Now we can calculate Breakevens Dollar Sales as follows:
Breakevens Dollar Sales = Fixed Cost / Contribution Margin %
= 480,000/30%
= $1,600,000
Finally, we can calculate the margin of safety in sales dollars as follows:
The margin of safety in sales dollars = Actual Sales – Breakevens sales
= 2200000-1600000
=$600,000
Hence, Margin of safety in sales dollars is <u>$600,000</u>
Answer:
B. An oversized ego.
Explanation:
An oversized ego basically depicts that JJ inability to listen to his peers, and he is no longer willing listen to his boss, and that proves he is too full of himself.
Do you have anything that’s unique? Have you operated in
Customer Service before? That means you have x years of Customer Service
experience. That is the experience that they would look at to hire you over another
person who can’t put anything in there. Have you operated in food service
before? Then you have x years of experience in that, too.
Answer:
The coldrink is more expensive in Can form.
Can is $0.044/oz more expensive than bottle
Explanation:
Data provided in the question:
Cost of 12-oz can = 75 cents = $0.75
Cost of 2 Liter bottle = $1.25
Now,
Cost per oz for can = $0.75 ÷ 12
= $0.0625/oz
For bottle
Total oz contained = 2 × 1.057 × 32 oz [As 1.0 L = 1.057 qt, 1 qt = 32 oz]
= 67.648 oz
Therefore,
Cost per oz for bottle = $1.25 ÷ 67.648 oz
= $0.0185/oz
Hence,
The coldrink is more expensive in Can form.
Difference = $0.0625/oz - $0.0185/oz
= $0.044/oz
Hence,
Can is $0.044/oz more expensive than bottle
Answer:
a.$37,560
Explanation:
Cash balance $40,000 at month end = Cash balance $52,000 at beginning + cash receipts in June of $532,160 - cash disbursements of $581,720 + New borrowing
⇔ $40,000 = $2,440 + new borrowing
⇔ New borrowing = $40,000 - $2,440 = $37,560
If Skot wishes to maintain a cash balance of $40,000, Skot have to borrow $37,560 if it started the month with a cash balance of $52,000
