Profit 6 Units actually sold - BEP (units) 7 8 9 10 MARGIN OF SAFETY ASR (Actual sales revenue) MS (amount) x P/V ratio MS (units) x C M per unit FC + Desired Operating Profit 11 P/V ratio P/V + V/V always equals 1 Q 1. Data pertaining to M/s XYZ Ltd for the current year Particulars Total Costs Total Sales 1st Half 40‚000 45‚000 2nd Half 43‚000 50‚000 Assume equal fixed costs in the two half years Assume constant selling price and variable costs Calculate for the entire year :a. Total Profit
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Gibb’s and Kolb’s Reflective model In this report I am going to evaluate the difference between Gibbs (1988) and Kolb (1984)‚ drawing primarily on Gibbs’s reflective model. The Kolb cycle 1984 was published before Gibbs 1988‚ David A. Kolb published his conception after an experimental test on a book “Experience as the Source of learning and development” while Gibbs published his theory by developing on the existing Kolb cycle (ehow[07/10/2014]). Kolb’s theory is based on 4 cycles. It starts
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Chapter 8: Cost-Volume-Profit Analysis MULTIPLE CHOICE QUESTIONS 1. CVP analysis can be used to study the effect of: A. changes in selling prices on a company’s profitability. B. changes in variable costs on a company’s profitability. C. changes in fixed costs on a company’s profitability. D. changes in product sales mix on a company’s profitability. E. all of the above. Answer: E LO: 1 Type: RC 2. The break-even point is that level of activity where: A. total revenue equals total cost. B. variable
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The cost profit analysis (CVP) determines how cost and volume affect a company’s operating income. To successfully perform the analysis the five basic components have to be known. The components are volume or level of activity‚ unit selling prices‚ variable cost per unit‚ total fixed cost‚ and sales mix. Volume or level of activity is how many units are produced or sold. The unit selling prices are the cost that each unit produced is sold or thought to be sold will sale for. The variable cost per
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Tesla Model S Project References Deloitte. (2009). Connecting with Gen Y: Making the Short List. Retrieved November 17‚ 2011.http://www.deloitte.com/assets/Dcom- UnitedStates/Local%20Assets/Documents /us_automotive_Deloitte%20Automotive%20Gen%20Y%20Executive%20Summary _0107.pdf Hamilton‚ I. (2011). Apple store of car dealerships opens today. Retrieved November 18‚ 2011.http://ocunwired.ocregister.com/2011/11/18/apple-store-of-car-dealerships-opens- today/12163/ Henry‚ J. (2009)
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PROJECT PROPOSAL The research investigation will be focused on the use of cost-volume-profit analysis as a management tool for decision making using Nigerian Breweries Plc as a case study. Cost-Volume-Profit (CVP) analysis narrowly called break-even analysis‚ is the application of marginal costing and seeks to study the relationship between costs‚ volume and profits at differing activity levels and can be a useful guide for short-term planning and decision making. There are
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BOHR’S MODEL OF ATOM MADE BY:-GROUP-1{CHEMISTRY} About The Scientist……. HE was a Danish physicist who made foundational contributions to understanding atomic structure and quantum theory‚ for which he received the Nobel Prize in Physics in 1922. Bohr was also a philosopher and a promoter of scientific research. He was born in Copenhagen on 7 October 1885. He wrote many books like the theory of spectra and atomic constitution‚ atomic theory and the description of nature. NEILS BOHR
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Topic A: Are people rational (in the economists sense) and reasonable (in the lawyers sense)? Whatever your answer to that question‚ does it matter? Human behavior is a complex subject and people make decisions everyday that will not only affect themselves‚ but other people around them. This essay will attempt to show whether people are rational in an economist’s sense‚ and reasonable in a lawyer’s sense. Whatever the outcome‚ there will be a discussion into if it matters‚ and how this behavior
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Chapter 1 Thinking as an economist Answers to review questions 1 They probably mean that‚ given the competing demands on their limited resources‚ there are other things (a holiday‚ private school fees‚ a new computer) that they choose to spend their income on rather than a plasma screen television. 2 Your friend probably means that your tennis game will improve faster if you take individual lessons instead of group lessons. However‚ individual lessons are also more costly than group lessons‚ so
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The first thing we have to do to select the greatest economist of out time is to differentiate ‘great’ and ‘greatest economist’. What is meant by ‘great’ then? The meaning of great is of a size‚ amount‚ extent or intensity considerably above the normal or average. Then what is meant by ‘the greatest economist of our time’? He must be the one who have made profound impact on the society‚ generated the key breakthrough of economics and our way of living. However‚ besides the contributions for the key
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