Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. during 2024, mitchell, inc. reported the following

During 2024, Mitchell, Inc. reported the following: Sales revenue: $1,644,000 Variable...

60.1K

Verified Solution

Question

Accounting

During 2024, Mitchell, Inc. reported the following:
Sales revenue: $1,644,000
Variable costs: $771,000
Fixed costs: $388,000
What is Mitchell's margin of safety in dollars?
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

In circle F with m?EFG = 70 and EF = 19 units, find the length...

Chemistry
1.2K views

when a mixture of 10.0g of acetylene, C2H2 and 10.0g of oxgyen, O2 is ignited the...

Psychology
1.2K views

Identify major empires in three of the following areas, c. 2000-250 CE, Africa, Asia, the Middle...

Physics
1.2K views

An AC circuit having supply voltage V consists of resistor of resistance 4 Q and...

Physics
1.2K views

Q 1 A current of 1 2 x10 10 A flows through a wire of...

Basic Math
1.2K views

An electric winch lifts a weight on the end of a 5 m jib pole...

Accounting
1.2K views

A Juliet Burke, a former professional tennis star, operates Juliet

Accounting
1.2K views

Explain how the tax effect of a temporary difference produces a deferred tax liability; and...

Accounting
1.2K views

In determining the cash flows from operating activities for the statement of cash flows by...

Accounting
1.2K views

The direct labor budget of Yuvwell Corporation for the upcoming fiscal year contains the following...

Accounting
1.2K views

On August 1, 20Y7, Rafael Masey established Planet Realty, which completed the following transactions during...

Finance
1.2K views

show fomula make a value based driver calculation C13 fx...