Multiple Choice QuestionA company has a margin of safety of 20%. If expected sales are $50,000, then break-even sales are:Multiple choice question.$10,000$50,000$20,000$40,000

Multiple Select QuestionSelect all that applyThe margin of safety is: (Check all that apply.)Multiple select question.the difference between expected sales and break-even sales divided by expected sales.the amount sales can drop before the company incurs a loss.adequate if greater than 15% to 20%.always expressed as a dollar amount (not in units or percentages).

Multiple Choice QuestionDuring the period, a company reports Sales of $38,000, Cost of Goods Sold of $20,000, and Income of $1,500. Profit margin is:Multiple choice question.8.3%7.5%3.9%

Multiple Choice QuestionA company receives a special order of 10,000 units of product. The potential customer is willing to pay $0.75 per unit. Current sales are $90,000 and current costs are $75,000 for 90,000 units. If the order is accepted, costs will increase to $82,000. If the company has the capacity to accept the order without affecting current sales, the company should:Multiple choice question.reject the order, because income will decrease by $500reject the order, because the sales price of $0.75 per unit is less than current costs of $0.83 per unitaccept the order, because income will increase by $500accept the order, because sales will increase by $7,500

Our company sells its product for $100 per unit and has a variable cost of $40 per unit. Total fixed costs equal $18,000. The breakeven in units is 300, and we expect to sell 350 units. What is the margin of safety in dollars?Group of answer choices($5,000)$3,000($3,000)$5,000

Multiple Choice QuestionThe fixed budget indicates sales of $50,000. Actual sales were $55,000. The variance is:Multiple choice question.$5,000 unfavorable$55,000 favorable$55,000 unfavorable$5,000 favorable