Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Nov 2017 My Price 4.00

Burns Company

BE5-10   For  Burns  Company,  variable  costs  are  60%  of  sales,  and  fixed  costs  are

$195,000. Management’s net income goal is $75,000. Compute the required sales in dol- lars needed to achieve management’s target net income of $75,000. (Use the contribution margin approach.)

BE5-11   For  Gore  Company  actual  sales  are  $1,200,000  and  break-even  sales   are

$840,000. Compute (a) the margin of safety in dollars and (b) the margin of safety ratio.

 

 

Answers

(5)
Status NEW Posted 03 Nov 2017 07:11 PM My Price 4.00

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