behavior is vital to the manager’s decision-making role‚ because one of the main goals of management accounting is controlling costs. 15 Cost-Volume-Profit Analysis 1. 2. 3. 4. 5. 6. The Profit Equation Breakeven Point Margin of Safety Contribution Margin Contribution Margin Ratio What-if Analysis The Profit Equation Profit = SP(x) –VC(x) – TFC X = Quantity of units produced and sold SP = Selling price per unit VC = Variable cost per unit TFC = Total fixed cost Break-Even Point The break-even
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and contributions of one of America’s most important legal activists: Thurgood Marshall. More specifically‚ the paper will:1) provide an overview of Marshall’s early years‚ focusing on his encounters with racism and experiences as an African American growing up in the early-twentieth century‚ 2) explore his development as a legal activist and contributions as director of the NCAAP’s legal division‚ as well as the nation’s first African American attorney general‚ 3) examine his contributions to the
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600 units. 2. The contribution margin per chair for the Colonial model is: A) $51. B) $16. C) $35. D) $25. The answer is b. CM = P-V = $60 - $35 - $9 = $16. Page 1 3. If the sales mix and sales units are as expected‚ the break-even in sales dollars is closest to: A) $132‚000. B) $148‚500. C) $143‚000. D) $139‚764. Price: Variable Costs: Contribution Margin: Contribution Margin Ratio: The answer is c. Colonial to Early American Sales Mix: 3:1 Weighted Average Contribution Margin Ratio: .75(
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Contributions of minorities to US culture In the United States minorities pay a higher premium than white areas with the same risks. Minorities in the US are those immigrants‚ black‚ Hispanics Asian immigrants. The differentiation begins with some observable human characteristics‚ including ethnicity‚ religion‚ sexual orientation race‚ wealth‚ and health. But the minorities in the United stated and as for any other country contribute to the culture to make it one. The United is not homogenous in
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Paul Revere is mostly known for his Midnight Ride at Lexington and Concord‚ but he did many more contributions to the American Revolution. Revere was born January 1‚ 1735 in Boston Massachusetts. His father‚ Apollos Rivoire‚ was a French immigrant who came to America at the age of 13. On the other hand‚ his mother ‚Deborah Hichborn‚ was a Boston native and the daughter of an artisan family. According to www.theamericanrevolution.org ‚ Revere had a good education. He was taught the art of gold and
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Contributions of Modern Technology Toward Enhancing Advertising Campaign Strategies by David Ingram‚ Demand Media Modern technology has given small businesses an unprecedented ability to communicate with their target markets‚ causing a dramatic evolution in the way marketers craft advertising strategies. Unlike the shotgun-scatter technique of yesterday's mass media outlets‚ new advertising channels created by cutting edge technology allow companies to target small groups and individuals
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Contribution Margin and Break Even Point by ACC 202 Trident University July 22‚ 2011 Contribution Margin and Break Even Point I’m going to discuss Contribution margin and what it is and how it relates to companies and profits. Contribution margin is the amount remaining from sales revenue after variable expenses have been deducted. It is the amount available to cover fixed expenses such as lease agreements and then to provide profits for the period. Contribution margin is first
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of Classical Economists and its Present Contributions Student ID: B1001804 Lecturer : Dr James Nayagam Synopsis The purpose of this work is to examine and understand the main thoughts of prominent economists during the classical period‚ namely Adam Smith‚ Thomas Malthus‚ David Ricardo‚ Jeremy Bentham and John Stuart Mill. It is also included the comparison of ideas between these masters and last but not least‚ the contributions of these ideas in today’s context. At the
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The Political‚ Economic and Social Contribution of Cultural Tourism in Three Asian Countries Different countries have different cultures. No matter it is a developing country or a developed country‚ it also has its own cultural characteristics to attract people from everywhere on earth to visit it. Tourists visit historical or heritage places‚ religious buildings or even performances in these countries‚ it is called “Cultural Tourism”. Cultural tourism has a great effect in the change of economic
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DBQ: Ancient Greeks Contributions Essay The Ancient Greeks culture has made many wonderful contributions to Western civilization. The ancient Greeks affected our government‚ medics‚ and sports. The Greeks culture has had a very profound impact on the way people live nowadays. One thing that the ancient Greek affected western civilization is politics. It was the Greeks who developed a democracy‚ they were the very first. Pericles stated that he wanted all citizens to have an equal opportunity to
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