1.“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 respect to revenue hours? We think that Variable Expenses considering the revenue hours as driver are: • • hourly personnel salaries expense Power Expense Fixed expenses with respect to revenue hours: Rent custodial services computer leases Maintenance depreciation of computer equipment, office
Words: 495 - Pages: 2
graph 1.1L, the capacity of Star River to pay current interests with available earnings increased to 2.18 in the past fiscal year as a consequence of the increase of EBIT in about 18% and an interest expense decrease of 1.5% (see Annex 1). Even though, the ability of the company to meet its interest expenses may be questionable by the bank as generally, below 2.5 is considered as a warning sign of poor solvency. * Debt to equity and debt to total capital: As a consequence of a higher year-by-year
Words: 3235 - Pages: 13
generates total revenue of $49,840 for 32 teams from registration fees, T-shirts, concessions, soccer clinic, and contributions. It is currently incurring a total expense of $53,538. However, the total irrelevant cost of $3,400 decreases the total expense, which includes the city field rental for $1,200 Rivaldo’s salary of $6,300, and rent expense of $2,700, these costs will be incurred whether CYSL drops or keeps the Craddock cup. As a result, Craddock Cup generates an incremental profit of $6,502.
Words: 329 - Pages: 2
Student ID 000000 Lastname Business Capstone Business plan Version page 1 Name of Company Business Plan Firstname I. Lastname Your Title 0000 Name of St City, State 00000 (000) 000-0000 Email.addresss.of.company@domain.com October 11, 2011 Student ID 000000 Lastname Business Capstone Business plan Version page 2 A. Executive Summary ....................................................................................................................................... 4 A1. Business Identification:
Words: 1079 - Pages: 5
A. Executive Summary 3 A1. Business Identification: 3 A2. Mission, Goals and Objectives: 3 A3. Keys to Success: 3 B. Company Summary 3 B1. Industry History: 3 B2. Legal Form of Ownership: 3 B3. Location and Facilities: 3 B4: Management Structure: 3 B5. Products and Service: 3 C. Market Analysis 3 C1: Target Market 3 C2: Industry Analysis 3 C3: Competitive Analysis 3 D. Market Strategy 3
Words: 967 - Pages: 4
partially determined by revenue, a component of that profit reflects a customer’s promise to pay. Cash flow reflects only cash actually received. - Expenses are matched to revenue. An overriding accounting principle is to match the costs and expenses associated with the revenues generated during a given time period. The expenses charged to the income statement may not be those that were actually paid during that period. Many will be paid later when they are invoiced by a vendor. Cash
Words: 820 - Pages: 4
William P. Worth ACCC 560 EXERCISES & PROBLEMS Chapter One January 13, 2012 EX 1-5Ikerd Company is a manufacturer of personal computers. Various costs and expenses associated with its operations are as follows. The company intends to classify these costs and expenses into the following categories: (a) direct materials, (b) direct labor, (c) manufacturing overhead and (d) period costs. | | 1. | Property taxes on the factory building. D | 2. | Production superintendents' salaries
Words: 3437 - Pages: 14
payment includes $3,088.14 of executory costs related to taxes on the property. Instructions: Prepare the journal entries on the lessee’s books to reflect the signing of the lease agreement and to record the payments and expenses related to this lease for the years 2011 and 2012. Kimberly-Clark’s corporate year end is December 31. Capitalized amount of the lease: Yearly payment 90,000.00 Executory costs (3,088.14) Minimum
Words: 425 - Pages: 2
Indirect Labor Other indirect expenses Total manufacturing cost Add: Beginning W-I-P Cost of input put into the process Less: Ending W-I-P Cost of good manufactured Add: Beginning finished goods inventory Cost of goods available for sale Less: Ending Finished goods inventory Cost of goods sold Add: Operating expenses: Selling and Distribution Administrative Expense Cost of sales Net Profit
Words: 789 - Pages: 4
Another financial strength was the ten $10 million they received in January of 2002 from their endowment fund. A third financial strength I that only 5.5% of the Symphony’s total expenses and 5.4% of their total revenue is from their lower management and general expenses which is drastically lower than the 14% of total expenses and 12% of total revenue from the Utah Opera. Another financial strength is that the Symphony only draws out 5% of its donor account for the symphony itself which allows them
Words: 629 - Pages: 3
