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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Viscosity of some fluids Models with variable viscosity Differential type models Rate type models Integral type models Download Some frequently used models for non-Newtonian fluids Josef M´lek a malek@karlin.mff.cuni.cz Mathematical Institute Charles University 18 March 2011 Josef M´lek a Non-Newtonian fluids Viscosity of some fluids Models with variable viscosity Differential type models Rate type models Integral type models Download Viscosity of some fluids Fluid Air (at Benzene
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| Total Marks: ______ / 100 marks = ________ % Grade: Question I: Identification: Fill in the blanks the correct answer. You are having a dress shop‚ indicate the proper classification of cost behavior whether it is VARIABLE or FIXED for each of the following items below: |Cost Element |Cost Behavior | |Material used to make shirts
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taken into account and a variable from the macro-environment that has influenced the Wakaberry business is the Healthier Lifestyle variable. People today are more health conscious than ever. This has influenced Wakaberry to create yoghurt that is 98% fat free. The impact of this variable is shown from this excerpt in the case study: “Wakaberry offers 100% REAL frozen yogurt‚ which is 98% fat free; perfect for health-conscious consumers.” 1.1) b) Another macro-environment variable that has influenced
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Since the days of the industrial revolution‚ man has always wanted to improve his environment‚ or to make his life easier. Whether it was a way to speed up production of goods‚ better communication‚ or just improving and existing idea‚ man has yearned to exceed his boundaries and push the limits of his abilities. Technology is gaining a new height and achieving new success ever since from the beginning of its journey. Mankind had technology based tools since the beginning of recorded history. Technology
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T-test for Two Independent Samples * This test is used when only two unrelated groups are being compared and the measurements are either interval or ratio. The two groups may or may not have the same number of samples. * The t-test for two independent groups involves testing whether or not there is a significant difference between the population means of the two groups. Consider a study wherein the effectiveness of banana leaves as an organic wrapper was compared to that of aluminum foil
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net income (net profit). 4 Variable Costs Fixed Costs Mixed Costs Cost Estimation Methods Cost Estimation Methods are frequently required to separate the fixed and variable components of a total cost pool. Methods include: 1. 2. 3. 4. 5. Account Analysis Scattergraph High-Low Method Regression Relevant Range Scattergraph High-Low Method Example: Let total costs at 500 units of output be $150‚000 and at 3‚000 units of output be $400‚000. Calculate variable and fixed costs‚ respectively
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interval (0‚1); b) if f(x)= 2e-2x U(x) Q 4-7‚ Show that if the uniform variable x has an Erlang density with n=2‚ then Fx(x) = (1-e-cx-cxe-cx) U(x) Q 4-8‚ The random variable x is N (10; 1)‚ Find f (x | (x-10)2 <4) Q 4-9‚ Find f(x) if F(x) = (1-e-ax) U(x-c). Q 4-10‚ If x is N (0‚ 2) find a) P{1≤ x ≤ 2} b) P{1≤ x ≤2 | x ≥ 1} Q4-14‚ A fair coin is tossed 900 times and the random variable x equals the total number of heads. a) Find fx(x)‚ 1: exactly‚ 2: approximately
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Exercises 5-11 through 5-18: Summit Manufacturing‚ Inc. produces snow shovels. The selling price per snow shovel is $30. There is no beginning inventory. Costs involved in production are: Direct material $5 Direct labor $4 Variable manufacturing overhead $3 Total variable manufacturing costs per unit $12 Fixed manufacturing overhead cost per year $180‚000 In addition‚ the company has fixed selling and administrative costs of $160‚000 per year. Exercise 5-11. During the year‚ Summit produces
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Quiz – Chapter 17 – Solution 1. Rider Company sells a single product. The product has a selling price of $40 per unit and variable expenses of $15 per unit. The company’s fixed expenses total $30‚000 per year. The company’s break-even point in terms of total dollar sales is: A) $100‚000. B) $80‚000. C) $60‚000. D) $48‚000. The answer is d. CMR = (P-V)/P = ($40 - $15)/$40 = 62.5% Px = F/ (CMR) Px = $30‚000/.625 = $48‚000 Use the following to answer questions 2-3: Weiss Corporation produces two models
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