analysis of two different scenarios at Aunt Connie ’s Cookies Simulation (University of Phoenix‚ 2011) and the financial performance of Jamestown Electric Supply Company (Heiter‚ et. al. 2008). During both analysis I applied concepts like fixed and variable costs‚ contribution margin‚ break-even point‚ indifference point‚ and operating leverage. Aunt Connie ’s Cookies Scenario Simulation The Aunt Connie ’s brand grew successfully producing Lemon Crème and Mint cookies. Maria Villanueva
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BADM4280 Paper Ltd. with a request to make 20‚000 units of a special paper product. The following information is available regarding the BADM4280 Paper division: Selling price of regular paper per unit $80 Variable cost of regular paper per unit 45 Additional variable cost of special paper per unit 25 The textbook division can purchase the special paper from an outside source for $75 per unit‚ plus shipping. The shipping equals $2 per unit. Required: A) Calculate the
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Selling Price (per unit) | 4‚350 | Costs per Unit for Hydraulic Hoists | | | Unit Manufacturing Costs: | | | Variable Materials | 550 | | Variable Labor | 825 | | Variable Overhead | 420 | | Fixed Overhead | 660 | | Total Unit Manufacturing Costs | | $2‚455 | | | | Unit Marketing Costs: | | | Variable | 275 | | Fixed | 770 | | Total Unit Marketing Costs | | 1‚045 | | | | Total Unit Costs | | $3‚500 |
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Revenue‚ Cost Concepts‚ and Market Structure Proposal 2 Abstract The following paper will analyzes Thomas Money Service scenario data and make recommendations to the company’s increasing revenue. This paper will analyze and determine how to fixed variable cost that should to maximize the profits‚ achieve ideal productions levels‚ and identify methods to reduce costs. Recommendations should involve good decision making skills‚ planning‚ teaching‚ coaching‚ educating‚ and analyzing the current products
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Question 1 Variable Costs Equipment costs: Power Wages and Salaries: Operations hourly personnel Fixed Costs Space costs: Rent‚ custodial services Equipment costs: Computer leases‚ maintenance‚ depreciation of computer equipment and office equipment / fixtures Wages and Salaries: Operations salaried staff‚ systems development and maintenance‚ administration‚ and sales Sales promotions Corporate services The group actively debated fixed versus variable labor expenses based
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Case 16-1: Hospital Supply‚ Inc. Question 1: Total fixed costs (TFC) = fixed costs per unit times normal volume =($660 + $770)*3‚000 = $4‚290‚000. Contribution margin per unit = unit price minus unit variable costs = $4‚350 - $2‚070 = $2‚280. $4‚290‚000 Break - even volume = ------------------ = 1‚882 units $2‚280 Break - even sales =1‚882 units x $4‚350 = $8‚186‚700 Question 2: Effects on monthly shares‚ costs and income. [pic]
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ACC 206 Week Three Assignment Please complete the following five exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document‚ and submit it in the appropriate week using the Assignment Submission button. 1. Overhead application: Working backward The Towson Manufacturing Corporation applies overhead on the basis of machine hours. The following divisional
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2. ACCOUNTING FOR MANUFACTURING ENTERPRISES i. Flow of costs i. Cost of goods manufactured ii. Cost of goods sold 3. ELEMENTS OF COST Cost classification i. i. Inventory valuation ii. Decision making iii. Planning and control iv. Sketching fixed‚ variable and mixed cost curves ii. Raw Material costs i. Procurement function ii. Calculating Economic order quantity (EOQ) iii. Inventory or stock valuation valuations using Last In First Out (LIFO)‚ First In First Out (FIFO) and average costs (AVCO) iv
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Ch8 Pricing Goods for External Sales Pricing Objectives: gain market rate of return Environment: Political reaction to prices patent or copyright protection Demand: Price sensitivity demographics Cost Considerations: Fixed and variable costs short-run or long-run In the long run‚ a company must price its product to cover its costs and earn a reasonable profit Most case: Company does not set the prices‚ competitive market does Price takers: the companies cannot set the price of gasoline by
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Introduction: Financial management is basically makes plans‚ organize‚ direct and control the financial activities in an organization. Applying general management principle to financial resources of the organization is part of financial management activity. Financial management is concern with the efficient and effective management of the financial resources of the organization. Nature and Main areas of financial management: Financial management is broadly concerned with the mobilization and
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