at $100 and order 1200 sweaters. 3a. What is the contribution if demand is 600 sweaters? Revenue = (600*100)+(600*15) Cost = (1200*35) Profit = Contribution = Revenue – Cost 3b. What is the contribution if demand is 1‚200 sweaters? Revenue = (1200*100) Cost = (1200*35) 3c. What is the contribution if demand is 2‚400 sweaters? Revenue = (1200*100) Cost = (1200*35) There is nothing that can be done if demand is over your inventory‚ it is sales Flanders was not able to make‚
Premium Inventory Mathematics Money
Senior Assignment Research Paper Executive Summary KBR‚ Inc. is one of the world’s premiere engineering‚ procurement and construction companies with a presence in five continents‚ offering services through ten business units. They provide defense services for the United States and other international government agencies‚ along with‚ being known as the leader of the oil and gas industry. This company has completed ground-breaking projects like producing the world’s largest Floating Production
Premium Project management Contract Common law
ENVIRONMENTAL AND ROOT CAUSE ANALYSIS 3 ALTERNATIVES AND/OR OPTIONS 3 RECOMMENDATION AND IMPLEMENTATION: 3-4 Executive Summary: In an attempt to control inventory swings‚ reduce costs‚ and improve sales we have introduced the JITD initiative. This initiative has been a failure from the beginning and there is no point salvaging it. We need to abandon the JITD initiative and focus on a new strategy that seems like a more logical and
Premium Marketing Inventory Root cause analysis
11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
Premium Revenue Costs
Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
Premium Costs Parking Variable cost
Significant Business Risk Factors 1. Limited Shelf Life Empirical evidence suggests that retailers must adapt to new product style trends in order to satisfy consumers and other key stakeholders (Ryan‚ 2011). In respect to Harvey Norman (HVN)‚ failure to adapt will entail lower consumer demand‚ hindering growth and profitability. It is important to note a limited shelf life of HVN’s products exists due to changing trends. This in turn gives rise to the risk of inventory becoming obsolete and
Premium Balance sheet Australia Revenue
ineffective use of the salesforce and the lack of communication (including incentives) between the salesforce and management (its distributors and area‚ territory‚ regional managers). The three reason why sales have slowed or even decreased is the high cost of sales itself. By changing the salesforces job description to a more creative approatiate and not a “checking the boxes” method would allow for newly placed uncapped incentive programs to be even more effective which in turn would increase new
Premium Revenue Marketing Management
Gleason Candy Inc. There are several issues that have been raised in this case. One of them‚ for example‚ is whether the management should allow the right of return to the wholesalers or risk losing the sale? If management does allow the returns‚ the question becomes how it should be accounted as they have no previous recording experience. One decision made by the management was to raise the candy price by 10% in order to cover up the losses from returns. They decided not to record the expected/estimated
Premium Sales Revenue Generally Accepted Accounting Principles
Table of Contents Informative Analysis 3 Front Matter 3 General Market Characteristics 3 Site Evaluations 3 Supply and Demand Information 3 Supply and Demand Analysis Step 1: Calculate the Most Recent 12-Month Average Daily Seat Turnover‚ Average Daily Check and Average Daily Seats Demand of the Most Competitive Restaurants 4 Step 2: Composite Growth Rate of Demand from the Various Markets 4 Step 3: Future Seats Demand Year by Year
Premium Revenue Cost of goods sold Income statement
Short story essay by Jean Cave Essay Question: To what extent do you agree that short stories reveal character by means of setting and/or symbolism? Respond to this question with close reference to at least TWO short stories you have studied. In this essay I am going to discuss the extent to which I agree that short stories reveal character by means of setting and/or symbolism‚ and to refer to at least two short stories that I have studied. My chosen short stories for this essay are: “The yellow
Premium Charlotte Perkins Gilman Short story Essay