James Company has a margin of safety percentage of 20% based on its actual sales. The break-even point is
$220,000 and the variable expenses are 45% of sales. Given this information, the actual profit is:
(Do not round
A company has provided the following data:
$ 87 per unit
$67 per unit
If the sales volume decreases by 20%, the variable cost per unit increases by 10%, and all other factors remain the
same, net operating income will:
(Do not round intermediate calculations.)
increase by $21,396.
decrease by $5,856.
decrease by $17,000.
decrease by $27,144.
The following information relates to Clyde Corporation which produced and sold 37,000 units last month.
Selling and administrative:
There were no beginning or ending inventories. Production and sales next month are expected to be 27,000 units.