Examlex

Solved

Use the Information Below to Answer the Following Question(s)

question 263

Multiple Choice

Use the information below to answer the following question(s) .
Southwest Electric Co-op has variable expenses of 20% of sales and monthly fixed expenses of $150,000. The monthly target operating income is $50,000.
-What is the monthly margin of safety as a percentage of target sales in dollars at Southwest Electric Co-op?


Definitions:

Autumn

A season of the year following summer and preceding winter, characterized by the cooling of temperatures and the falling of leaves from deciduous trees.

Jan Baptista Van Helmont

A 17th-century Flemish scientist known for his work in chemistry, physiology, and medicine, and for pioneering work on gases.

Tree Growth

The process by which trees increase in size and mass over time, often as a result of cell division and expansion in their stems, branches, and roots.

Soil Weight

A measure of the heaviness of soil, often determined by its moisture content and the types of materials it contains.

Related Questions