Variable cost Essays

determine what price they must give their goods in order to earn revenue (Gallo, 2014). There is a well thought out equation that will help bring the business owner closer to answering the preceding question. T BEQ = Fixed costs / (Average price per unit – average cost per unit) Fixed costs are rent, pay, utilities and other month to month bills that can not be avoided (Debare, 2012). This store will be housed in a facility at least five-thousand square feet. In the sate of Virginia a building of this size

Do you have a flexible spending account? It’s like a health savings account. It’s a program that lets you earmark money for specific healthcare expenses. If you’re not sure whether you have a flexible spending account, call your insurance company and check with them. If you do have a flexible spending account, you can use that money to purchase prescription eyewear, including prescription sunglasses, at Atlantis Vision Center in Melbourne, Florida. Other items include glasses with or without lenses

days. The government supplied the company with sensor specifications, and Rosemount would fabricate them. Nearly all its sensors were used in aircraft and missiles. Its products were technologically advanced and produced at low volumes and high labor costs; in 1960, 24 of the company's 144 employees were

The concept of the value chain first came into being when Michael Porter described it in his 1985 best selling novel “Competitive Advantage: Creating and Sustaining Superior Performance”. The value chain is a model that describes a series of value adding activities connecting a companies supply side with its demand side. The value chain model gives managers the opportunity to analyze and redesign their internal and external processes to improve the firms effeciency and effectiveness. The main objective

Contents Executive Summary 2 1. Introduction 2 2. Business Environment Analysis 3 2.1. Motorcycle industry 3 2.2. Competitive Business Environment 4 2.3. Business opportunity and threat Analysis 4 3. Firm Level Analysis 5 3.1. Firm Financial Status Analysis 5 3.2. Current strategy and its effectiveness 5 3.3. The firm resources, capabilities and competitive advantage. 5 3.4. Strength and Weakness Analysis 6 4. The competitive environment 7 4.1. SOWT Analysis 7 4.2. Key characteristics of environment

yourself: Who is making the benefit? Apparently, it's the beautifying agent's makers - they're among a portion of the wealthiest aggregates on the planet. When you look at that as a hair, skin, magnificence, body or shower item is retailing for $50 costs between 10 pennies and $3 to influence, it's anything but complicated to perceive how to these organizations turn out to be so affluent. Anyway, what's preventing you from making private name beauty care products? For what reason not make your image

period of time, the company would be able to produce at a time when demand can be forecasted at almost 100% accuracy. The disadvantage of this method is that it would create additional costs of getting raw materials quicker and shipping finished goods at a faster speed and higher cost but it would reduce sunk cost from excess inventory and increase the market share due to

Name: Muhammad Nasrul Haziq Bin Zainal Abidin Student ID: 20034466 1. Media concentration means that a few media companies combine together as one. This means that as time progresses, less and less company or institution controls the share of mass media. This process involves the media company of the same business. For example, two media company can merge together to form a larger media institution of the same purpose. In a way, this reduces competition because the companies will eventually work

Budgeted Cash Income $401 Anne Manuson Cash Budget - Linen 4 months until 31st December 2011 Beginning cash balance 25 Cash receipts: Linen sales (15 x (0.90 x $50)) 675 Cash available 700 Cash disbursements: Account payable Cost of linen ($15 x 18) Purchase of new loom Total cash disbursements 74 270 1,000 (1,344) Cash balance before financing (644) Financing of cash deficiency: Borrowing Principal payment Interest payment ($1,000 × 0.18 × 4/12) 1,000 (200)

April 1 Fool me once, and . . . . April Fools’ Day April 1st, odd years only. April Fools! On April 1, 1950, the sleepy town of Hot Springs, New Mexico officially changed its name to Truth or Consequences, New Mexico. Here’s how it happened. In March of 1950, and to promote the tenth anniversary of the popular radio game show, Truth or Consequences, host Ralph Edwards promised to broadcast an episode of the program from the first town in America that would rename itself after the show. The

total cost of over $150 off from the average revenue of $42. The only reason the deficit is not as bad as it could be due to family planning costing less than $20 per visit and they have a total average charge of $42. They also have the largest number of visits at 10,000. Referrals and Placement is the second largest stream of revenue for the company with a charge of under $30 and the visitors being at 6,400 visits.

d) none of the above 2. Which of the following RFM codes represents a potentially very valuable customer who hasn’t bought recently and should be encouraged to order? a) 511 b) 111 c) 151 d) 115 e) 555 3. Fixed costs are usually taken into consideration along with variable costs, in the computation of customer lifetime value. a) True b) False 4. If you mail out 1,500 catalogs, and 22 people respond and buy something from the catalog, what is the response rate? 5. Develop a customer profile

Standard deviation is very useful for the proper interpretation of research and data. It is the most widely used indicator to measure how spread out a data set is. A high standard deviation indicates scores are spread out. A low standard deviation means they are close on either side of the mean. This essay will explain what standard deviation is and the importance it plays in statistics. The standard deviation is commonly used throughout statistics, but lacks the attention it often time deserves

FLEXIBLE BUDGET A flexible budget, which is also known as variable budget as the name typifies flexes for alteration in the volume of operations and it is calculated using the actual activity level for a particular period (not the budgeted sales) multiplied by the standard cost per unit. It uses the incomes and expenses generated in the recent production as a baseline and measures how the income and expenditures will vary based on the changes in the output. In addition, it is established after a

Problem 5-17 Fixed cost =$480,000 Contribution margin= $8.00 Break even unit sales= Fixed expenses/ Unite Contribution Margin $480,000÷$8.00=$60,000 units 2(a) Year 1 Year 2 Year 3 Direct Material 25 25 25 Direct Labor 16 16 16 Variable Manufacturing overhead 5 5 5 Variable costing unit product cost 46 46 46 2 (b) Year 1 Year 2 Year 3 Sales $3,360,000 $2,800,000 $3,640,000 Variable Expenses Variable cost of goods sold ($46 per unit) 2,760,000 2,300,000 2,990,000 Variable selling and Administrative

1. 1 (Static versus flexible budget variances) Answer all questions posed by Case ATC 8-1. a) Did Atlantic increase unit sales by cutting prices or by using some other strategy? No, the sales did not increase by cutting prices. This is because the budgeted price is lower than the actual sales. • Budgeted sales $33,000,000 / 150,000 units = $220 • The actual sales price is $35,520,000/160,000 units = $222/unit. Although there is an increase in sale, this increase can be attributed to other factors

Thus, the price determination that is in direct proportion to the number of goods purchased would give an estimation of revenue to be realized. Performance-Based budgeting is the one used by the administrators to have a more cost-effective and aggressive budgeting outlays. Price of the goods and services to be offered and volumes of the same rights to be sold are directly proportional, and that is why it is crucial to have the price rate, and volume efficiency checked when

Adopting the CSR principles involves costs. These costs might be short term in nature or continuous outflows. These costs might involve the purchase of new environmentally friendly equipment, the change of management structures, or the implementation of stricter quality controls. Since being socially responsible involves costs, it should generate benefits as well in order to be a sustainable business practice. A corporation could not continue a policy that constantly generates negative cash flows

TellTheBell Tellthebell.com is a survey website where customers can take part in the Customer Survey Sweepstakes. Here customers of Taco Bell give their valuable feedback; it is basically a Taco Bell’s customer satisfaction survey. In this survey they offer the opportunity to enter the sweepstakes and a chance to win $500 each month. Taco Bell gives such a great service for customers to share their feedback; through survey they determine how to make improvements in their services. What is Taco

[CENTER][IMG]http://i.imgur.com/eC3Pjxt.jpg[/IMG] [SIZE=4]Hitman Agency Official Handbook || [COLOR="#FF0000"][COLOR="#00FFFF"]Version 1.0[/COLOR][/COLOR][/SIZE][/CENTER] [HR][/HR] List of Contents: 1. Introduction 2. Duties 3. Operation Codes 4. Ranks 5. Company 6. ((OOC Commands)) 7. Killing Procedures 8. Strike Policy [center][SIZE=5]Introduction[/SIZE][/center] The Hitman Agency is an elite faction that is based on killing your target. The Hitman Agency is a department and our main goals