would like to recommend the Alternative 1 as the most profitable one. This is mainly for three reasons‚ which are motivation factor‚ lower fixed cost and higher contribution margin and highest net income of all the three. Motivating is a very important factor in boosting the sales (Businessballs‚ 2012). Since there is a motivation factor included in Alternative 1‚ it would be highly beneficial for the company as the forecasted sales increases by 5000 more units than the initial plan. Also in this
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Question 2 Cost Volume Profit Analysis 1.0 Introduction According to Jon Scheumann “a successful organizations need a culture that is attuned to cost management and pay attention to cost structure” From that statement manager must pay attention and carefully thinking when do decision making to the cost. For example when manager want to target the profit. They must take every cost that related in production such as variable cost and fix costs. Cost Volume profit analysis is used in decisions
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COST-VOLUME-PROFIT ANALYSIS(CVP) Definition of Cost Accounting A type of accounting process that aims to capture a company’s costs of production by assessing the input costs of each step of production as well as fixed costs such as depreciation of capital equipment. Definition of Cost-Volume Profit Analysis A method of cost accounting used in managerial economics. Cost-volume profit analysis is based upon determining the breakeven point of cost and volume of goods. It can be useful for
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Consider the following reasons why it’s important for anyone to have a mentor. 1. Different Perspective A famous motivational speaker once stated that it’s hard to see the picture when you’re in the frame. It’s much easier to see the whole picture from the outside. Because you’re unable to get on the outside of your own life‚ consider getting a mentor who is wise‚ understands where you’re trying to go‚ and has your best interest at heart. The thinking you have right now is the thinking that got you
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It’s important to have awareness of this history because we can help support the needs of the people who attended residential school. and have fundraising donation for the survivors from the residential school to help them feel comfortable and safe knowing that they have people out there who feel empathy‚ love‚ understanding and warmth for them to regain their purpose in life. However‚
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1990’s Pump Up the Volume follows Mark Hunter‚ a shy high school implant that adopts the persona of outspoken pirate radio deejay ‘Happy Harry Hard-on’ by night‚ as he stirs up fellow teens and unravels the fabric of his suburban Arizona community. By subverting the expectations that fellow students face‚ he reveals the institutional obstacles that arise in teaching and learning when the education system services individual merit. By portraying the failings of pursuing academic excellence above all
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Cost‚ Volume‚ and Profit Formulas All businesses require becoming profitable or at some point they will fail. Accounting plays an essential role in determining if the company will become successful and continue to do so over time. Using well-defined formulas in order to assess the exact numbers will facilitate the actions a company needs to carry out in order to maintain its goals. The accounting department would look at the cost-volume-profit analysis to concentrate on the different components
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Dunn English 101 (120) M. Leone 8 September 2013 The Process of a Process English is a subject every student is this county is required to take. What comes hand in hand with English? Essays (majority of peoples’ worst nightmare when entering the course) come hand in hand with English. Now depending on the teacher (professor) a “Process Analysis” otherwise known as a “How To” paper is just one of the necessary dissertations for the year. Have you ever wished for someone to just give you a step-by-step
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Did women always have the same rights as we do now? It is the 1800s and the women’s role is to get married‚ have kids‚ and depend on a man. I’m not able to get a job because owners shut me down due to my gender. I am not allowed to vote. My husband wants me to cook‚ clean‚ and whatever else needs to get done around the house. With all the housework I don’t have time to do anything‚ like get an education. It’s the 1800s and I want to be treated equally. Women’s rights are important because everyone
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In my opinion Canada does not need to include eco-rights in the Charter of rights and freedoms. Introduced by Pierre Trudeau‚ it protects the collective quality of life of all Canadian citizens‚ lives up to its standards‚ and the introduction of eco-rights‚ as of now is not necessary. Currently‚ there are much greater issues to be addressed‚ before further delving into ecological matters. Furthermore‚ eco-rights will be a limiting factor‚ when generating economic revenue for Canada‚ and as a result
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