Assignment: Fixed Costs‚ Variable Costs‚ and Break-Even Point Exercise 10.1 During the sixth month of the fiscal year‚ the program director of the Westchester Home-Delivered Meals (WHDM) program decides to again recompute fixed costs‚ variable costs‚ and the BEP using the high–low method. Here are the number of meals served and the total costs of the program for each of the first six months: Month Meals Served Total Costs July 3‚500 $20‚500. August 4‚000 $22‚600. September 4‚200 $23
Premium Costs Variable cost Fixed cost
Sales (40‚000 units) $1‚000‚000 Variable expenses 700‚000 Contribution margin 300‚000 Fixed expenses 330‚000 Net income (loss) $ (30‚000) 1. What was the company ’s break-even point in sales dollars in 2008? 2. How many additional units would the company have had to sell in 2009 in order to earn net income of $30‚000? 3. If the company is able to reduce variable costs by $2.50 per unit in 2009 and other costs and unit revenues remain unchanged‚ how many units will
Premium Variable cost Costs Management accounting
Strategy and CVP Analysis Edward Blocher and Kung H. Chen ABSTRACT: The ALLTEL Pavilion case is intended for the undergraduate management accounting or cost accounting course and the M.B.A. management accounting course. It provides an excellent context in which to examine strategic issues in using cost volume profit (CVP) in a service business. Based on an actual entertainment pavilion‚ the case develops many factors unique to a service business and illustrates how pavilion management can use CVP analysis
Premium Cost accounting Revenue Operating expense
CVP: EXERCISES AND PROBLEMS 1. Gilley‚ Inc.‚ sells a single product. The company’s most recent income statement is given below. Sales (4‚000 units) Less variable expenses Contribution margin Less fixed expenses Net income Required: a. b. Contribution margin per unit is If sales are doubled to $240‚000‚ total variable costs will equal If sales are doubled to $240‚000‚ total fixed costs will equal If 10 more units are sold‚ profits will increase by Compute how many units must be sold to break even
Premium Variable cost
PROJECT PROPOSAL The research investigation will be focused on the use of cost-volume-profit analysis as a management tool for decision making using Nigerian Breweries Plc as a case study. Cost-Volume-Profit (CVP) analysis narrowly called break-even analysis‚ is the application of marginal costing and seeks to study the relationship between costs‚ volume and profits at differing activity levels and can be a useful guide for short-term planning and decision making. There are
Premium Costs Scientific method
Midterm Break By Seamus Heaney "Midterm Break" is a happy‚ promising title that belies the experience of the narrator; the irony of a death in the family over midterm has robbed not only Heaney’s joy in family nostalgia‚ but all his horror and grief as well. The ideas of death‚ grief‚ and finality are explored in this poem. As he encounters other mourners‚ each more intense than the next‚ his neighbors‚ his crying father‚ Jim Evans‚ an emotionally ravaged family friend. His tone takes on an aura
Premium Family Poetry Mother
BREAK‚ BREAK‚ BREAK (1834) Break‚ break‚ break‚ [s1] On thy cold gray stones[s2] ‚ O Sea! [s3] And I would that my tongue could utter [s4] The thoughts that arise in me[s5] . (Unable to articulate the deep emotion – anger and resentment at nature) O[s6] ‚ well for the fisherman’s boy‚ That he shouts with his sister at play! O‚ well for the sailor lad‚ That he sings in his boat on the bay! [s7] (what he sees – he sees time passing – focus on the play of the youth
Premium Rhythm
Break Break Break by Alfred Lord Tennyson The poem ‘Break Break Break’ by Alfred lord Tennyson was written in 1834‚ the year after the death of one of his closest friends; Arthur Henry Hallam. Hallam and Tennyson had been very close for almost six years‚ and Hallam had been engaged to Tennyson’s sister‚ so his fatal brain hemorrhage in 1833 came as a great shock to Lord Tennyson. Hallam’s death affected him so much that nineteen years later he named his son Hallam.The literate subject of the poem
Premium Stanza Connotation
Dator & Noble Jaime Dator and Oscar Noble own Dator Company and Noble Company. They manufacture and sell the same product‚ and competition between them has always been friendly. Cost and profit data have been freely exchanged. Uniform selling prices have been set by market conditions. However‚ Dator and Noble differ markedly in their management thinking. Operations at Dator are highly mechanized‚ and the direct labor force is paid on a fixed-salary basis. Noble uses hourly-paid
Premium Revenue Selling Sales
Tony Palmer’s novel‚ Break of day‚ illustrates interesting themes about three key things‚ and they are the following: Family‚ bravery and death. Palmer uses intense and subtle situations to portray the importance of these three subjects. Palmer makes the fascinating point that bravery may have either positive or negative affects. One brilliant example of this are when the main protagonist‚ Murray‚ gets stuck in a pen with a wild boar. Murray’s dad comes to the rescue‚ but is gravely injured
Premium English-language films Hero Character