Hello I need help with Break-even analysis and Contribution margin
Break-Even Analysis: You have been asked to calculate how many units need to be sold to break even, based on the costs provided in task #3. Assume that only one conference will be attended and the estimated expenses associated with this conference are on target. Use the information in task #3 except do not consider taxes.)
The Lee’s have provided you with the following costs and relevant information that are assumed for year 20XY.
A. Classify each of the costs (a. through j.) below under C. as a variable cost or a fixed cost.
B. Explain the importance of distinguishing between variable and fixed costs.
C. The budgeted income statement, assuming 600 units to be produced and sold, a per unit selling price of $85, an income tax rate of 28% and the following information.
a. Cost of goods sold of $35 per unit
b. Labor = $400/month
· One part-time employee will be hired to take care of packaging and shipping. This employee will be paid $10 per hour. He or she is estimated to work 40 hours total per month.
c. Advertising fees = $3,000
d. Bank fees = $200
e. Phone/internet = $150 per month
f. Shipping = $3 per unit
g. Utilities = $100 per month
h. Office Supplies = $900
i. Conference Exhibitor Fee = $3000
j. Travel Expenses for Conference (e.g. airfare, meals, taxi) = $1200
Contribution Margin: Based on the Break-Even Analysis just performed, what is the contribution margin per unit and the total contribution margin?
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Hello I need help with Break-even analysis and Contribution margin
Break-Even Analysis: You have been asked to calculate how many units need to be sold to break even, based on the costs provided in task #3. Assume that only one conference will be attended and the estimated expenses associated with this conference are on target. Use the information in task #3 except do not consider taxes.)
The Lee’s have provided you with the following costs and relevant information that are assumed for year 20XY.
A. Classify each of the costs (a. through j.) below under C. as a variable cost or a fixed cost.
B. Explain the importance of distinguishing between variable and fixed costs.
C. The budgeted income statement, assuming 600 units to be produced and sold, a per unit selling price of $85, an income tax rate of 28% and the following information.
a. Cost of goods sold of $35 per unit
b. Labor = $400/month
· One part-time employee will be hired to take care of packaging and shipping. This employee will be paid $10 per hour. He or she is estimated to work 40 hours total per month.
c. Advertising fees = $3,000
d. Bank fees = $200
e. Phone/internet = $150 per month
f. Shipping = $3 per unit
g. Utilities = $100 per month
h. Office Supplies = $900
i. Conference Exhibitor Fee = $3000
j. Travel Expenses for Conference (e.g. airfare, meals, taxi) = $1200
Contribution Margin: Based on the Break-Even Analysis just performed, what is the contribution margin per unit and the total contribution margin?
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hello i need help with course project for HSM 546 class the project subject is baby boomer and health insurance pleas asap if you can do pleas pleas
Baby Boomers and Health In
The length of the final paper should be a minimum of 12 pages, double spaced in MS Word, and include the following criteria.
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hello i need help with homework
i have a case where in my organisation the people is leaving because of the culture and low pay the turnover is more than 80% what management theories i can use to make the organisation have low turnover…thank you
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Hello,
I need help with java programming using data strcutures. Please solve this question as soon as possible. I have attached the document containing question. Please review it.
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Hello,
I need help with java programming using data structures & algorithms. Please help me as soon as possible. I am attaching the file containing all the details regarding the question.
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Hello, i need help with my assignment
1) This assignment is to create an informative message, so turn the content of the assignment prompt into an INFORMATIVE MESSAGE.
2) It needs to be in a memo
Date: February 9, 2916 To: Jill Hillings From: Jane Smith Subject: New 401k Plan As you are very aware of the current business situation, there is a dire need to adjust on ourservice delivery…
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Hello, I need help with my decision brief paper. The attached file is the scenario and what they are looking for. The other attached file is FM 6-0. Go to PDF page 90, it will show an example of what the format needs to be in. The paper I have to brief has to last for 10 minutes
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Hello, I need help with the following assignment.
References
Unit 8: Women in the public sector: 1960 to present
Read Chapters 11 & 12** in Through Women’s Eyes
Dubois, E.C. & Dumenil, L. (2019). Through women’s eyes (5th ed.). Boston, MA: Bedford/St. Martin’s.
**Chapter 11: Read pp. 644 – 654 and pp. 660 – 675.
**Chapter 12: Read entire chapter.
Review: Read about the 1963 Equal Pay Act and the 2009 Lilly Ledbetter Fair Pay Act:
http://www.eeoc.gov/eeoc/publications/brochure-equal_pay_and_ledbetter_act.cfm
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Hello,
I need help with the following discussion assignment. This assignment should be no longer than 2 paragraphs in length. Thank you!
A newborn incorrectly received methylergonovine maleate, a synthetic ergonovine analogue indicated for the management of postpartum atony. What was actually ordered was the hepatitis B vaccine, Engerix-B. While these two medications do not sound alike, they are similar looking and were stored in the same cabinet in the perinatal area. The infant sustained diminished urinary output for a twelve-hour period and required an additional day of hospitalization for monitoring. In your initial post, pose a potential organizational reporting strategy that you think would be appropriate in this situation. What information should be disclosed in this case to the responsible adult family member? How does the patient being a minor impact this process?
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$15/hour $15/hour
Machine Hours (MH) 4 MH/unit 6 MH/unit
Volumes Produced 50,000 25,000
Orders Served 500 orders 2500 orders
Indirect costs consist of manufacturing costs of $ 900,000 and support costs of $ 900,000.
To determine product line profitability, the current costing system pools all indirect costs (i.e., manufacturing plus support) in one single pool and allocates these costs based on direct labor hours. However, the company is considering adopting a two-stage costing system which would treat the two categories of indirect costs separately. Specifically, the total manufacturing costs (which include material handling ($ 200,000) and processing ($ 700,000)) will be allocated using the sum of direct material and direct labor costs, while the support costs (which include packaging and shipping ($ 325,000) and order handling ($ 575,000)) will be allocated based on the number of orders received.
Required: 1) Determine the per unit cost of each product under the current costing system.
2) Determine the per unit cost of each product under the proposed two-stage system.
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