Variable cost

projected to sell. Overhead and Variable Costs Overhead costs “are based entirely on estimated data, the overhead cost applied to work in process will generally differ from the amount of overhead cost actually incurred” (Garrison, Noreen, & Brewer, 2014 p. 104). The case study states that Nozomi failed to consider the real cost of running a large dealership and for this dealership the make ready and general overhead costs per unit based on the total overhead cost divided by the number of cars…

The break-even point is the level of sales that is necessary to cover both variable and total fixed costs, such that net operating income is equal to zero. In Year 1 and Year 2, because of introducing new PDA, there have loss sales on existing PDA. So, Conch uses the average method to calculate the break-even point. After calculation, the profit per unit for Year 1 and Year 2 is $138.58 and $161.58. The fixed cost is $4,700,000. The break-even point for Year 1 and Year 2 is 33,916 units and…

the market? What factors caused it to change? As wisely quoted by Jake Welch (was the CEO and chairman of General Electric) “A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer .A strategy is something you can touch; you can motivate people with; be the number one and number two in every business. You can energize people around the message.” Just that way “Meteor Mobile Communications, which is the third mobile…

Unnecessary 2.73 Neutral In what ways do you best acquire your professional knowledge and skills? 11 Reading 4.23 Strongly Agree 12 Work Experience 4.32 Strongly Agree 13 Lecture/Seminar 4.18 Agree What do you consider barriers in CPD learning? 14 Cost 4.00 Agree 15 Work – Life Balance 4.41 Strongly Agree 16 Conflict in Schedule 3.91 Agree 17 Units required to be completed are too high 4.27 Strongly…

financing options for the purchase of a laptop. The purchase is through Noel Leeming, paying a $300 deposit. The total cost of the laptop and accessories is $1932.95. Finance Option 1 [Westpac] Get a personal loan from Westpac Bank of $1650 Loan detail summary: Loan amount- $1650.00 Interest Rate- 18.95% Loan Term- 1 year Monthly payment- $176.00 Total Payment- $2112.00 Additional Cost- Establishment and Documentation Fee- $250.00 In case a payment is missed, a penalty of $25 per time is…

How does the distance you live from the University affect your study options? If you have to travel long distances, what costs are involved? If moving away from home, what will be your living arrangements and costs? I currently live in Claremont with my parents. If I am admitted into the MBBS, I may have to reside in Burnie or Launceston for the fourth and fifth years of the course. If I were to be placed at the Launceston Clinical School I would have to seek my own accommodation and catering,…

Final Examination—PSC 110 American National Government Due by/on Wednesday, December 9 (75 points) Please answer three questions. Send the responses to me via email. Please be detailed in your responses as each question is worth 25 points. Good luck. 1. Mayhew provides three re-election activities in his discussion on Congress. What are they? Which activity do you believe is the most important for a Congressman? The three activities that Mayhew engaged in with Congress is advertising,…

controlling fixed cost in their organizations because fixed costs can decrease per unit if the number of units increase, up to an extent (Edmonds, Tsay, & Olds, 2011). Fixed costs are the costs that remain unchanged regardless of an increase or decrease in the number of units sold (Edmonds, Tsay, & Olds, 2011). Therefore, if the number of units sold increases, the total fixed costs is distributed throughout the total number of units sold (Edmonds, Tsay, & Olds, 2011). As a result, the fixed cost…

of $85,000 • Due to the variable costs of $4.00 per unit, the selling price must be $6.00 o Competitors are selling similar products o at lower prices • Variable costs must decrease in order to sell products at a competitive price • Ryan believes that they cannot change their cost structure in the short-run • Maintenance and quality testing costs $.7 per unit o Costing $140,000 per 200,000 units • Sid believes that turning maintenance and quality control into fixed costs in the solution and…

Cost behavior refers to how specific do costs react to fluctuations in the level of the business activity (Weygandt, Kimmel, & Kieso, 2009). Cost behavior is one of the most important concepts in managerial accounting as determining how a cost will behave is critical to planning, decision making and controlling. In order to analyze cost behavior patterns and make decisions, costs are divided into 3 types; fixed, variable, and mixed costs(Smith, 2002). Breakeven analysis is one of the important…