Definition of Break Even point: Break even point is the level of sales at which profit is zero. According to this definition‚ at break even point sales are equal to fixed cost plus variable cost. This concept is further explained by the the following equation: [Break even sales = fixed cost + variable cost] The break even point can be calculated using either the equation method or contribution margin method. These two methods are equivalent. Equation Method: The equation method centers on
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Document templates Submission details Candidate’s name Phone No. Assessor’s name Phone No. Assessment site Assessment date/s Time/s The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective Candidates must demonstrate the ability to identify documents used by an organisation and develop
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P1- outlines the functions of the main cell components. The human body is organised into five parts:- Cells form… Tissues form… Organs form… Organ systems/ body systems form… The human body. In this assignment I am going to be outlining the functions of the main cell components which include cell membrane‚ nucleus‚ chromosomes‚ cytoplasm‚ mitochondria‚ endoplasmic reticulum‚ Golgi apparatus and lysosome. There are two types of main cells which include eukaryotic and prokaryotic cells. A
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Assignment brief | Unit number and title | Unit 2 – Business Resources | Qualification | BTEC Level 3 Certificate‚ Subsidiary Diploma & Diploma in Business | Start date | September 2010 | Deadline | December 2010 | Assessor | L.McNeill | CRITERIA COVERED | | | P4‚ P5‚ P6‚ P7‚ M3‚ M4‚ D2 D3. | | | | | Assignment title | The Role of Financial Resources | Purpose: The aim of this unit is to develop learner knowledge of the range of human‚ physical‚ technological andfinancial
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The ABC Model of Crisis Intervention HN220: Prevention and Crisis Intervention Lanie Ahlman The ABC model of crisis intervention is a method created by Gerald Caplan and Eric Lindemann in the 1940s. The ABC model is a problem solving approach and has been known to work best when applied within 4 to 6 weeks. It uses a three-stage approach to problem solving‚ A; build a rapport with the client‚ B; identify the client’s perceptions and cognitions of the precipitating event
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The fixed overheads of Adorable Pawz are rental‚ salaries‚ loan‚ utilities and insurance. Total fix fixed overheads are RM18167 each month. The variable overheads are around RM2575 each month‚ its depend on the price offer by suppliers and volume of service provided. From the figure 1‚ revenue per month is estimated as RM15375. Figure 1: Estimated Revenue per month 7.1 Break-even Analysis Figure 2: Break-even Analysis Based on the break-even analysis‚ we have to serve 160 customers in order
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at the costs for the year. The restaurant wanted to see what some of their fixed and variable costs were for the year. They also wanted to make sure they remain in their relevant range. The costs focused on were the cost of hamburgers (raw materials) and the cost of building rent. It was determined that the raw materials were the variable costs because the cost will vary based on production of hamburgers. A variable cost is a cost that will change in direct proportion to changes in the cost-driver
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including goodwill‚ patents and trademarks. Read more: What Is the Difference Between an Asset & an Expense? | eHow.com http://www.ehow.com/info_12085244_difference-between-asset-expense.html#ixzz2Lt18CKe5 2 What is an Expense? Expenses are costs related to running the business. Expenses are deducted from revenue to determine the profitability of a company. Typically‚ the largest expense for a company is cost of goods sold -- raw materials‚ direct labor and other costs related to manufacturing
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Break-Even Analysis FIN/200 July 29‚ 2010 Justin Henegar 13. Healthy Foods‚ Inc.‚ sells 50-pound bags of grapes to the military for $10 a bag. The fixed costs of this operation are $80‚000‚ while the variable costs of the grapes are $.10 per pound. a. What is the break-even point in bags? 80‚000/5= 16‚000 bags- This is the company’s break-even point because the variable per unit would be $5.00 if it’s .10 per pound with a 50-lb bag. The other answer I received was 8‚080 bags but this would
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2.8.1 Enrichment Instructions: This is an honors level course. Answer all questions fully using complete sentences. If you want full credit‚ please provide plenty of details. 1) What is a medical imaging device? Medical imaging comprises different imaging modalities and processes to image human body for diagnostic and treatment purposes and therefore has an important role in the improvement of public health in all population groups. Furthermore‚ medical imaging is justified also to follow the
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