a) Contribution margin= Sales per unit - Varibale expenses per unit $160 - $70 $90 Break even point in passengers = Fixed expenses / Unit CM 3‚150‚000 / 90 35‚000 units Break even point in revenues per month = Unit sales to break even X Sales per unit 35‚000 X $160 $5‚600‚000 b) Break even point in number of passenger cars per month * 90 X 70% 35‚000 / 63 63 555.5555556 or 556 Cars c) Break even point in
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AP World History Chapter 3 Reading Guide CHAPTER PREVIEW If you preview this chapter prior to completing this study guide‚ you are far more likely to comprehend the reading as well as identify areas in which you know you will need help. Remember that you must ALWAYS search for connections to the 5 AP World History Themes (see syllabus for explanation of each theme). 1. CAREFULLY read the title and chapter outline on p. 55 and preview the change and comparison questions in the margins throughout
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(TCO D) A company that has a profit can increase its return on investment by (Points : 5) increasing sales revenue and operating expenses by the same dollar amount. increasing average operating assets and operating expenses by the same dollar amount. increasing sales revenue and operating expenses by the same percentage. decreasing average operating assets and sales by the same percentage. 2. (TCO D) Given the following data‚ what would ROI be? Sales
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ACCT505 Part B Capital Budgeting problem Clark Paints‚ Inc. Data: Cost of new equipment $200‚000 Expected life of equipment in years 5 Disposal value in 5 years $40‚000 Life production - number of cans 5‚500‚000 Annual production or purchase needs 1‚100‚000 Initial training costs 0 Number of workers needed 3 Annual hours to be worked per employee 2‚000 Earnings per hour for employees
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Career Goals and Learning Plan Justin B. Gillispie COM- 505 James Ryan Career Goals and Learning Plan Personal/Potential Career Goals: * Teacher-Postsecondary: Ultimately a PhD is required to teach at the university level; however‚ I pursue to teach either at a community college or at a vocational school. The Masters is Psychology I am pursuing at University of Phoenix will help me get my foot in the door at a local community college or vocational school. * Human Resources: This
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Chapter 11: Chapter Outline The following annotated chapter outline will help you review the major topics covered in this chapter. Instructions: Review the outline to recall events and their relationships as presented in the chapter. Return to skim any sections that seem unfamiliar. I. Opening Vignette A. By the start of the twenty-first century‚ Islam had acquired a significant presence in the United States . 1. more than 1‚200 mosques 2. about 8 million Muslims (some 2 million
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Robert W. Strayer Ways of the World: A Brief Global History with Sources Second Edition Chapter 17 Revolutions of Industrialization‚ 1750–1914 Copyright © 2013 by Bedford/St. Martin’s I. Explaining the Industrial Revolution A. Why Europe? 1. Technology‚ science‚ and economics elsewhere: When looking at the preindustrial world‚ many would not see an inherent advantage for Europe. China arguably had the world’s most impressive technology‚ and India and the Islamic world had many noteworthy accomplishments
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Cis 505 Assignment 1: Standards Research Assignment 1: Wireless Data Transmission Name: Fabio M. Cesar Professor: Patricia White Course: Enterprise Wireless Networks Date: 01/17/2013 A radio signal is an electromagnetic wave propagated by an antenna. Radio waves have different frequencies‚ and by tuning a receiver’s radio at a specific frequency‚ you can pick up a signal‚ because the starting
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Case Study I Materials purchased $325‚000 Direct Labor $220‚000 Sales $1‚350‚000 Gross Margin 30% Cost of Goods Available for Sale $1‚020‚000 Prime Costs $545‚000 Manufacturer Overhead 65% of Conversion cost Direct Materials $325‚000 Beginning Inventory numbers: Raw Materials $41‚000 Works in Process $56‚000 Finished Goods $35‚000 Formulas: Prime cost = Direct Materials cost + Direct Labor cost Conversion cost = Direct Labor cost
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Evaluating a Company’s Budget Procedures Springfield Corporation operates on a calendar-year basis. It begins the annual budgeting process in late August‚ when the president establishes targets for the total dollar sales and the net income before taxes for the next year. The sales target is given to the Marketing Department‚ where the marketing manager formulates a sales budget by product line in both units and dollars. From this budget‚ sales quotas by product line in units and dollars
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