PART B (9 marks) Shimano Pty Ltd builds custom made fishing...
90.2K
Verified Solution
Link Copied!
Question
Accounting
PART B (9 marks)
Shimano Pty Ltd builds custom made fishing rods for game fishing. Each rod sells for $900 and the variable costs per rod are 60% of the selling price. In 2021 the business incurs fixed costs of $108,000.
c) The margin of safety percentage assuming that expected sales were $360,000
d) Explain how Shimano Ltds management may interpret your calculation of the margin of safety percentage in (c) above
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.