CHAPTER 8 Cost-Volume-Profit Analysis ANSWERS TO REVIEW QUESTIONS 8-1 a. In the contribution-margin approach‚ the break-even point in units is calculated using the following formula: Break-even point = fixed expenses unit contribution margin b. In the equation approach‚ the following profit equation is used: sales volume ⎞ ⎛ unit variable sales volume ⎞ ⎛ unit fixed ⎜ ⎟ −⎜ ⎟ − ⎜ sales price × ⎟ ⎜ expense × ⎟ expenses = 0 in units ⎠ ⎝ in units ⎠ ⎝ This equation is solved for the sales volume in
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Profit vs. Not-for-Profit Organization A nonprofit organization is formed for the common good of the public. Nonprofit organizations are usually formed for some specific religious‚ charitable or educational purpose. A for-profit organization may be formed to conduct any number of lawful business activities. The primary reason to form a for-profit organization is to earn a profit for the owners of the company. Use of Profits Since a not-for-profit organization is formed to accomplish a specific
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Before the increase in the trend of private policing‚ public policing has monopolized the field in the U.S. Both public and private policing‚ when compared‚ displays many similarities and differences‚ however their distinctions are frequently blurred. Even though they are classified as private police their behavior‚ roles and responsibilities appear parallel to the public to an extent (Wilson 1994). According to Shearing and Stenning‚ advancements in society‚ e.g. gated communities and large
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Differentiating Between Public and Private Organizations Latonya Grays HSM/210 February 4‚ 2014 Lisa Brown - Smith Differentiating Between Public and Private Organizations There are many differences between public and private organizations. Let us stop and think the biggest one is that the public organizations are usually ran by the government. While the private is done through donors and in some cases are nonprofit. I think that one of the biggest social policies that would affect me
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Parents have debated about whether to send their student to private or public college‚ and I would recommend public college because they are cheaper compared to private colleges and the student would have less stress because of a small debt. During senior year of high school‚ students search for colleges which have their majors and meet their affordability. They try to score high on the SAT’s‚ keep their GPA high‚ do volunteer services‚ and extracurricular activities so that they get accepted
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Giving welfare profits need been dubious All around u. S. Historical backdrop. Since the provincial period‚ legislature welfare strategy need reflected the conviction that the impoverished would answerable for their poverty‚ prompting those standard that governmental reductions are An benefit What’s more not a right. Until the extraordinary wretchedness of the 1930s‚ state and nearby administrations exhaust a few obligation to giving aid of the poor. Generally‚ such support might have been insignificant
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the type of business‚ purpose and ownership of two contrasting organisations” Tesco Tesco is in private sector‚ but it is a PLC‚ a public limited company‚ this is an international business‚ also it is in primary. Tesco is doing service by providing food to its customers. Tesco exist‚ so people can buy food‚ they do their own products also‚ this company exists for making profit. Tesco makes profit by selling its products or making deliveries to customers. Tesco is trying to achieve ‚ to be the best
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job satisfaction characteristics could influence employee’s decision to quit a job or to find a better job at other place within private sector in Malaysia. The questionnaire was distributed to 60 respondents working in various private organizations in Klang Valley and 50 has managed to fill up and return the questionnaire survey. The responses from the sample are used to test the hypothesis that job satisfaction has negative and significant relationship with intention to leave. The result indicates
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warehousing and shipping cost is not really correct. The current method is direct method which ignores In term of Shipping and Warehousing cost‚ low volume products should incur this cost instead of both high volume and low volume products. Because‚ high volume products are deliveried directly to customer so it does not incur the cost of shipping. The low volume products which are sent to distribution center incurred the cost of shipping and warehousing. However‚ the cost of shipping and warehousing
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Comparative analysis: CEO compensations in the non-profit sector in United States and European Union GiedreTuinylaite (3480585) Xin Charlie Chen (3617378) Utrecht University Table of Contents 1.Introduction
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