Becker sofa companys margin of safety in units is

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Becker Sofa Company's margin of safety in units is calculated to be: Answer Selected Answer: 8,500. Question 40 2 out of 2 points Becker Sofa Company expected to sell 12,000 leather sofas. Fixed costs were $8,400,000; unit sales price was $4,600; and unit variable costs were $2,200. Becker Sofa Company's margin of safety ratio is
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calculated to be: Answer Selected Answer: 70.83%. Question 41 2 out of 2 points Cost-volume- profit relationships that are curvilinear may be analyzed linearly by considering only: Answer Selected Answer: Question 42 2 out of 2 points Cleaning Care Inc. expects to sell 10,000 mops. Fixed costs are $10,000, unit sales price is $12, and unit variable costs are $7. Cleaning Care's margin of safety ratio is calculated to be: Answer Selected Answer: 80%. Question 43 2 out of 2 points
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Grant's Western Wear is a retailer of western hats located in Atlanta, Georgia. Although Grant's carries numerous styles of western hats, each hat has approximately the same price and invoice purchase cost, as shown below. Sales personnel receive large commissions to encourage them to be more aggressive in their sales efforts. Currently the economy of Atlanta is really humming, and sales growth at Grant's has been great. However, the business is very competitive, and Grant has relied on its knowledgeable and courteous staff to attract and retain customers, who otherwise might go to other western wear stores. Also, because of the rapid growth in sales, Grant is finding it more difficult to manage certain aspects of the
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business, such as restocking of inventory and hiring and training new salespeople. The annual breakeven point in dollar sales is calculated to be: Answer Selected Answer: $540,000. Question 44 2 out of 2 points Gralyn Corp. compares two products' margin of safety ratios. Product A has a ratio of .13 and product B has a ratio of .31. Based on this information, what should the managers at Gralyn Corp. do and why? Answer
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Selected Answer: Question 45 2 out of 2 points JCH Sports plans to market a new product for the upcoming college season. Costs associated with the new product are as follows: How many units must be sold in order to reach a before tax income on the product of $400,000? Answer Selected Answer: 275,000. Question 46 2 out of 2 points Joint costs may be allocated in more than one way (e.g. weight versus resale value). Answer
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Selected Answer: True Question 47 2 out of 2 points According to the study guide, even if managers properly determine how to allocate costs, they will not be able to properly estimate future costs. Answer Selected Answer: False Question 48 2 out of 2 points Cost volume profit analysis can be used to find the breakeven point in dollars as well as in units. Answer Selected Answer: True Question 49 2 out of 2 points Analyzing relevant costs is an important consideration for managers. Based on this premise, one could then
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surmise that Noah was given all of the relevant information necessary by God to build the ark. Answer Selected Answer: True Question 50 2 out of 2 points Passages, such as James 4:13-17, discuss business and the pursuit of profits. Answer Selected Answer: True
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