Fanning Company makes a product that sells for $33 per unit. The company pays $17...
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Accounting
Fanning Company makes a product that sells for $33 per unit. The company pays $17 per unit for the variable costs of the product and Incurs annual fixed costs of $140,800. Fanning expects to sell 21,900 units of product. Required Determine Fanning's margin of safety expressed as a percentage. (Round your answer to 2 decimal places (... 2345 should be entered as 23.45).) Margin of safety Finch Corporation, which has three divisions, is preparing its sales budget. Each division expects a different growth rate because economic conditions vary in different regions of the country. The growth expectations per quarter are 4 percent for Cummings Division, 2 percent for Springfield Division, and 6 percent for Douglas Division. Required a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue that the company will report on its quarterly pro forma income statements Complete this question by entering your answers in the tabs below. Required A Required B Complete the sales budget by hiling in the missing amounts. (Round your final answers to the nearest whole dollar amount Second Quarter Third Quarter Fourth Quarter Division Cummings Division Springfield Division Douglas Division First Quarter 190,000 330,000 300,000 Required B >


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