Case 1 – Yorktown Technologies Problem Statement In November 2001‚ a startup company‚ Yorktown Technologies‚ was founded by two gentlemen‚ Alan Blake and Richard Crockett‚ with the objective to patent the idea of producing GloFish® genetically modified tropical zebra fish which would fluorescent all the time. Zebra danio fish are native to India. These fish are clear with stripes on them. The objective of these fluorescent fish is to identify water contamination. After further analysis‚
Premium Fish Marketing
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
Premium Variable cost Costs Cost
Yorktown Technologies was founded in November 2001 by Alan Blake and Richard Crockett. The company was to specialize in the concept of producing ornamental fish that expressed fluorescence throughout their bodies. The genetic modification that was needed to produce these fluorescent fish had previously been developed by Dr. Pruchansky‚ a university geneticist‚ for research purposes. Because of this development‚ Blake and Crockett were not able to patent this idea therefore they changed their business
Premium Marketing Shopping mall Marketing research
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
Premium Revenue Variable cost Costs
The purpose of this paper is to gather data for this company that wants to know how to find the price‚ revenue‚ and marginal revenue of their shoes through the given equation. After a series of plugging in formulas‚ and solving equations you will find solutions. In order to find out the revenue you have to know the price. So the first step towards finding out the price is to solve the first given equation. After finding the price for their company’s shoes the next step would be to find the company’s
Premium Problem solving Spreadsheet Maxwell's equations
Case 2: Yorktown Technologies Group 7 I. Problem definition: Trying to find a marketing and distribution strategy that would help the company reach its revenue goals. II. SWOT Analysis: 1-Strengths: • The company raised additional capital to fund its business operations and had more than three dozen different investors • The firm will be launching the first commercially available biotech animal in the U.S • Yorktown Technologies grabbed the attention of the media and the
Premium Management Marketing Case study
statement is set using a contribution format. The contribution format centers on the idea that each unit sold provides a certain amount of contribution margin that goes to covering fixed costs. In 2004 expenses like distribution and transport (29‚988) and the sales commissions (73‚573) have been reclassified (contribution format) as variable selling costs on page 33 ([104]). 2. Why do you think cost of sales is included in the computation of contribution margin on page 33? Benetton’s
Premium Contribution margin Management accounting
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
Premium Variable cost Management accounting Costs
has decreased. | 5. | Sales are $500‚000 and variable costs are $350‚000. What is the contribution margin ratio? | A) | 43%. | B) | 30%. | C) | 70%. | D) | Cannot be determined because amounts are not expressed per unit. | 6. | Barcelona Bagpipes produces two models: Model 24 has sales of 500 units with a contribution margin of $40 each; Model 26 has sales of 350 units with a contribution margin
Premium Variable cost Management accounting Contribution margin
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)
Premium Variable cost Contribution margin Costs