Fixed Costs‚ Variable costs‚ and Break Even Point Elizabeth Gaud HSM /260 August 21‚ 2011 Stephanie Koontz Fixed Costs‚ Variable costs‚ and Break Even Point Exercise 10.1 Recompute fixed costs‚ variable costs‚ and the BEP. What are the variable costs? What are the fixed costs? How many meals will the WHDM program need to provide during the fiscal year to reach the BEP? How much profit will the program earn if it completes its 45‚000-meal contract with the City of Westchester? Answer:
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historical cost accounting still widely and continuously to be used by most companies in their accounting. Conversely‚ reporting current cost in accounting are recommended rather than historical cost as it is the fair value reported in the current year would be beneficial to the firm and the shareholders of the company. 2.0 Historical Cost Accounting and Benefits of Current Cost 2.1 Introduction to Historical Cost‚ Disadvantages and Advantages of Historical Cost The historical cost accounting is
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The Cost of Living The question I was frequently asked when I was younger was‚ “What are you going to be when you grow up?”. From elementary school to early middle school‚ I would’ve told you I wanted to be a pop start or a vet. As I realize that I can’t sing and there is too much schooling behind being a vet‚ I’ve decided to become something a little more practical‚ a video editor. With the growing technological industry‚ and the various awards I have received in this field‚ video editing seemed
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Cost of debt When individuals use the cost of debt‚ they should know the measurement of the interest rate‚ or the yield paid to the bondholders. When analyzing the cost of debt‚ people should know that it ’s an effective rate that businesses are willing to pay on the current debt that they have accrued. The cost of debt is a measurement of the before or after tax returns. Considering the case that individuals can deduct the interest‚ makes the tax after cost more popular than the before tax. A business
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other countries. o Is your company creating value or lowering the costs of value creation by realizing location‚ economics‚ transferring distinctive competencies abroad‚ or realizing cost economies from the economies of scale? If not‚ does it have the potential to? o How responsive is your company to differences among nations? Does it vary its product and marketing message from country to country? Should it? o What are the cost pressures and pressures for local responsiveness in the industry in
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tools or methods offer by project management‚ cost planning and control is a very important tool for project management. A good cost planning is because it can help on forecasting the expenses that need to spend for the project. And cost control will minimize the wastage during execution of project. This report will emphasize the objectives‚ benefits‚ methods and other matters on construction cost planning and cost control. Cost Planning Cost planning normally will conduct in the prior
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The Cost of Childcare “According to the U.S. Department of Health‚ between the years 2011 and 2012‚ 38 states and the District of Columbia‚ child-care costs exceed their recommendation of no more than 10 percent of a family’s income (Blair 4).” However for many parents child care is a must. Child care expenses are at a premium‚ changing work circumstances could benefit both parents and children. Financially‚ there are both risk and benefit to the overall future of events. While scheduling to be
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Why Traditional Classroom Learning is better than Online Courses Online courses are becoming more and more popular. The ability to relax at home and use our own personal computers to obtain college credit is taking more and more students out of classrooms and putting them online. Technological evolution has obviously made our lives easier and more efficient. With that said‚ it only seems fit that we should utilize online learning in our colleges and universities. Or should we? While it may seem
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Cost Segregation is the use of accelerated depreciation methods on certain assets in order to increase depreciation expense‚ which lowers taxable income and therefor increases cash flow. For this cost recovery system‚ it is procedure to classify components of property‚ for example a building‚ into different categories‚ and depreciate them accordingly. According to the Journal of Accountancy (journalofaccountancy.com‚ cost segregation begins at the time of purchase. At this time‚ the client who
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change of RELEVANT items ONLY. The company’s calculation is WRONG‚ as it takes into concern of irrelevant fixed cost. By double-counting depreciation‚ other Mfg. overheads‚ SG&A in Sunday’s cost; it distorts the P&L sheet. To correctly show cost structure for decision making‚ there are two different approaches‚ yet each should reach same conclusion. Approach 1: Differential Cost Approach As suggested in case‚ by producing 4 unites on Sunday‚ total depreciation‚ total Mfg. overhead and SG&A
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