hour‚ and a commission of $ 6.00 for each haircut. In this case Andre wants to know how much is going to be the new contribution margin per haircut‚ the annual break-even point in number of haircuts. On our evaluation‚ Andre requested to find the following information. 1. Find the contribution margin per haircut. Contribution Margins Definition "Contribution margin (or margins) refers to the amount of revenue per product that is available to "contribute" towards the fixed costs and the profit
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1. a.) Contribution per CD unit: Unit Selling Variable Costs $9.00 1.25 - .35 1.00 = $6.40 $6.40 b.) Break-even volume in CD units and dollars: ($275‚000 + 250‚000) / 6.40 = 82‚032 units 82‚032 * $9.00 = $738‚288 to break even c.) Net profit if 1 million CD’s sold: 1‚000‚000 * 6.40 = 6‚400‚000 6‚400‚000 525‚000 = $5‚875‚000 d.) Necessary
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Have you ever wondered if the Crusades were a good thing or a bad thing‚ maybe it is in between? The Crusades are 9 holy wars between Roman Catholics and Sunni Muslims from the 11th century to the 13th century. Now today i’m going to show you what happened during the crusades good‚ bad‚ and in between. But overall I think that the crusades were a good thing in Europe. Now‚ the reason why I think that the crusades were a good thing is because it brought the eastern trade industry into Europe. Document
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the United States primarily for one of its brands of fashion apparel? United Colors of Benetton. To answer the questions‚ you will need to download the Benetton Group’s 2004 Annual Report at: http://media.corporate-ir.net/media_files/irol/11/114079/reports/2004ar.pdf You do not need to print this document to answer the questions. Benetton 1. How do the formats of the income statements shown on pages 33 and 50 of Benetton’s annual report differ from one another (disregard everything beneath
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Calculating the Contribution Margin Constance Hall Lindemann HCA 311 Health Care Financing & Information Systems July 1‚ 2012 Instructor: Heather Ables Contribution margin is nothing more than a way to see if an organizations operation is profitable. The costs for any business will fall into two broad categories: fixed costs and variable costs. Fixed costs are those whose amounts hardly ever change which means they are fixed‚ steady and unchangeable. Variable by contrast‚ are costs
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A straightforward question‚ what is good art? A complicated answer‚ but that is good art. How does a certain piece of artwork become recognized as "good?" What are some of the traits that make art good? What simply makes art good‚ and what makes art bad‚ in general? Does having a recognizable art or design "style" limit one’s creativity? Is an exact reproduction as good as the original? It used to be that anything called “Art” had certain meaning attached to it. Art was assumed to be beautiful‚ intricate
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Common Core‚ Good or Bad? Common Core‚ good or bad? That seems to be the question everyone is wondering. There is a lot of controversy over whether common core should be in classrooms or not. “The state-led effort to develop the Common Core State Standards was launched in 2009 by state leaders‚ including governors and state commissioners of education from 48 states‚ two territories and the District of Columbia‚ through their membership in the National Governors Association Center for Best Practices
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__________________________ Date: _____________ 1. | Which of the following is not another name for the term manufacturing overhead? | A) | Factory overhead | B) | Pervasive costs | C) | Burden | D) | Indirect manufacturing costs | 2. | Which one of the following is an example of a period cost? | A) | A change in benefits for the union workers who work in the New York plant of a Fortune 1000 manufacturer. | B) | Workers’ compensation insurance on factory workers’ wages allocated to the factory
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CASH FLOW DIRECT/INDIRECT 1. Given the following information and using the indirect method prepare the Cash Flows from Operating Activities section of the statement of cash flows. End of Year Beginning of Year Change Cash 23‚500 37‚400 (13‚900) Accounts receivable (net)
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Customers 2. Competitors 3. Costs 12-2 Not necessarily. For a one-time-only special order‚ the relevant costs are only those costs that will change as a result of accepting the order. In this case‚ full product costs will rarely be relevant. It is more likely that full product costs will be relevant costs for long-run pricing decisions. 12-3 Two examples of pricing decisions with a short-run focus: 1. Pricing for a one-time-only special order with no long-term implications. 2. Adjusting
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