Week 3 Individual Assignment 1: Mile High Cycles Case Analysis Questions 1, 2, & 3 ACCT 6273, Section 7 Identifying Strategic Implications in Accounting Data MILE HIGH CYCLES CASE ANALYSIS * (Exhibit 3 Below) * (Exhibit 4 Below) * The variances are due to the Mile High Cycle company not forecasting for increased production. The company budgeted for the production of 10,000 cycles but the actual production was 10,800 units. When the company increased production, the production
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companies were separate. 2. How long does it take a start-up company to become profitable? The time period for a startup to become profitable is the same as the time it takes the company to develop sales/ revenue, which create enough total contribution margin to cover the fixed costs of the business 3. "Revenue hours" represent the key activity that drives costs at Salem Data Services. Which expenses in Exhibit 2 are variable with respect to revenue hours? Which expenses are fixed with
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companies have closed shop or have been acquired by big giants. Jones Blair Company is desperately trying to maintain its existence and improve its existing market of architectural paint segment in southwestern United States. Market & Industry analysis US paint industry can be classified into shelf good, comprising of 43% of market share, OEM, 35% and special purpose coating comprises of 22%, the forecasted figure for year 2005 for entire industry is $16billion out of which shelf good or architectural
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| CHAPTER 7:VARIANCE ANALYSIS | * M.Price.V * M.Quantity.V * L.Rate.V * L.Efficiency.V * Controllable.OH.V * OH.Volume.V | E22, E23, E24, E25, E26, E27, E28, E29, E30, E31 | CHAPTER 8:BUDGETING | * SALES BUDGET * PRODUCTION BUDGT * MATERIAL BUDGT * LABOR BUDGT * OH BUDGET * BUDGETED I/S * CASH FLOW BUDGET | E19, E20, E21, E22, E23, E24, E25, E26, E27, E28, E29, E35, E36 | CHAPTER | TOPIC | PRACTICE QUESTIONS | CHAPTER 9:C-V-P ANALYSIS | * BREAK-EVEN * MARGIN
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University of the West Indies Cave Hill Mid-Summer Examination ACC 2017 Management Accounting 1) Anything for which a separate measurement of costs is desired is a a. cost item. b. cost object c. fixed cost item. d. variable cost object. 2) Using information obtained for a cost object , a manager maybe able to determine all of the following EXCEPT a. the direct manufacturing labor cost of a job. b. the direct manufacturing labor of a work station
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Tutorial Chapter 1 (CVP- Analysis) Sharul Nizam Bin Akilayni 700615 a) Product’s contribution margin ratio = 20 100% * 8 40% 12 60% | Break-Even Point in RM = Fixed expenses CM per unit = 180000 60% = RM 300000 b) Unit = 375000/20
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expense, salaries, advertising, administrative expenses, rent, depreciation, and miscellaneous expenses. Then the brief result shows in the table below. | 2003 | 2004 | 2006 | Break-even point in dollars (in thousand of dollars)= Fixed cost/contribution margin ratio | $7,287.03 | $7,620.20 | $11,655.34 | Break-even point in units (sale ticket)= Break-even point in dollar/Sales per tickets | 4535 | 5000 | 7506 | Margin of Safety= (Budgeted sales - Break-even point sales)/Budgeted sales |
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With every company there are great opportunities and great moments. Understanding company core business is paramount to the success of any institution. Knowing when to strike has everything to do with knowing your customer base and your ability to analyze future growth in the industry. Knowing and understanding customer needs is at the center of every successful business, whether it sells directly to individuals or other businesses. Once you have this knowledge, you can use it to persuade potential
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Bridgestone Behavioral Health Center (Course Ebook, pp. 93-100) Case Questions 1.* Using the budget data in Exhibit 1, determine Bridgestone’s projected weighted average contribution margin ratio for next year. Using the budget data in Exhibit 1, determine Bridgestone’s projected breakeven point for next year in terms of revenue. Using the budget data in Exhibit 1, determine the revenue that Bridgestone will expect to generate from Individual Counseling services if the company achieves the projected
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Introduction * Pestige Data Services (PDS) was a subsidiary of PrestigeTelephone (PT) Company.PDS -Data processing for the telephone companies & soldcomputer services to other companies. * Yet to experience profit. * Manager -More time required for business to become profitable. * President -Reduce the drain in company resources. Objectives * Analyze the results of operations. * Understand the economics of a business. * Forecast the potential change in income
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