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Cost-Volume-Profit Analysis

Cost Estimation, CVP analysis

25. Cost Estimation and regression Analysis: Dali financial services prepares tax returns for small businesses. Data on the company's total costs and output for the past six months appear in the table that follows. The result of the regression analysis are also provided. a. Plot the data and regression line on a graph. b. Est

Income Statement

Anthony Industries Income Statement for year ending December 31, 2009 revenues $750,000 variable costs: Variable manufacturing costs $280,000 variable selling costs 120,000 Total variable costs 400,000 Co

Cost-Volume-Profit analysis

Need to show the work for Part C and Part D. The work for Part A, Part B, and some of Part C have been completed. I am having trouble with figuring how to complete Part A and B. PROBLEM Sure Corporation has collected the following information after its first year of sales. Net sales were

Calculate: Cost-Volume-Profit Analysis

Scenario: Sure Corporation has collected the following information after its first year of sales. Net sales were $1,600,000 on 100,000 units; selling expenses $240,000 (40% variable and 60% fixed); direct materials $511,000; direct labor $285,000; administrative expenses $280,000 (20% variable and 80% fixed); manufacturing overh

Fashion Shoe Co: Calculate Break Even, CVP Graph, Operating Income, & Commissions

The Fashion Shoe Company operates a chain of women's shoe shops around the country. The shops carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are paid a substantial commission on each pair of shoes sold (in addition to a small basic salary) in order to encourage them to be aggressive

CVP Analysis Breakeven Point

Assume a fixed cost of $900, a variable cost of $4.50, and a selling price of $5.50. What is the break even point? How many units must be sold to make a profit of $500.? How many units must be sold to average $.0.25 profit per unit? .50 per unit? $1.50 profit per unit?

CVP Analysis

Andre has asked you to evaluate his business, Andre's Hair Styling. Andre has five barbers working for him. (Andre is not one of them.) Each barber is paid $9.90 per hour and works a 40-hour week and a 50-week year, regardless of the number of haircuts. Rent and other fixed expenses are $1,750 per month. Hair shampoo used on all

CVP Analysis for Plainfield Bakers

Plainfield Bakers manufactures and sells a popular line of fat free cookes under the name Aunt May's cookies. The process Plainfield uses to manufacturer the cookies is labor-intensive; it relies heavily on direct labor. Last year Plainfield sold 300,000 dozen cookies at $2.50 per dozen. Variable costs at this level of productio

Cost Volume- Profit

I need with this questions. For what is cost-volume-profit (CVP) analysis used? What are some of the key underlying assumptions that make CVP analysis useful for decision makers? Why might decision makers use CVP analysis? I need a word count of 200 Thank you,

Value costing for 21st Century organizations. Is CVP still relevant?

Do you agree with the notion of value costing for the 21st Century organizations. Why or Why Not? Why types of situations may be more appropriate for application of the some of the "tried and true" costing methods of the 20th Century? Are these industry or firm specific? Is Cost-Volume-Profit Analysis still relevant in t

12.18 Camden Metal Co CVP analysis; 'what if' questions; sales mix issue

12.18 CVP analysis-what-if questions; sales mix issue. Camden Metal Co. makes a single product that sells for $84,000 per unit. Variable costs are $54.00 per unit, and fixed costs total $120,000 per month. Required: A. Calculate the number of units that must be sold each month for the firm to break even. B. Calculate oper

CVP Analysis for Advanced Electronics

Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following data relates to the period just ended when the company produced and sold 42,000 speaker sets: Sales $3,360,000 Variable Costs 840,000 Fixed Costs 2,280,000 Management is considering relocati

CVP Relationships for Income Taxes

Ignore income taxes and fill in the missing data for each line. Sales Variable Total Fixed Net Break-Even Revenue Exp. Cont. Margin Exp Income Sales Rev. 1. ______ $40,000 _________ $30,000 ________ $40,000 2. $80,000 _______ $15,000 _______ ___

CVP Analysis

Molly Dymond and Kathleen Taylor are considering the possibility of teaching swimming to kids during the summer. A local swim club opens its pool at noon each day, so its available to rent during the morning. The cost of renting the pool during the 10-week period for which Molly and Kathleen would need it is $1,700. The pool wou

Evaluating Proposals with the help of CVP Analysis

Phonetronix is a small manufacturer of telephone and communications devices. Recently, company management decided to investigate the profitability of cellular phone production. They have three different proposals to evaluate. Under all the proposals, the fixed costs for the new phone would be $110,000. Under proposal A, the sell

CVP Analysis: Cost Structure

Memofax, Inc., produces memory enhancement kits for fax machines. Sales have been very erratic, with some months showing a profit and some months showing a loss. The company's contributions format income statement for the most recent month is given below. Sales (13,500 units at $20 per unit) . . . . . . . . . . . . . . . . . .

Sun Inc: Compute Break-Even in units and dollars; justify increased advertising

Sun Inc. sells a single product and has no inventory. The company's 2006 income statement is given below. Sales (4,000 units) $800,000 Less flexible (variable) expenses $200,000 Less capacity-related (fixed) expenses $300,000 In an attempt to improve performance, Jo, the manager is considering a number of alternativ

High Low method, Break Even Point, Contribution Margin

Problems: Given the following cost and activity observations for Sanchez Company's utilities, use the high-low method to calculate Sanchez's variable utilities costs per machine hour. Cost Machine Hours May $8,300 15,000 June 10,400 20,000 July

2-61 CVP in a Modern Manufacturing Company: budgeted profit and breakeven for HP

2-61 CVP in a Modern Manufacturing Company on pg. 87 A division of Hewelett-Packard Company changed its production operations from one where a large labor force assembled electronic components to an automated production facility dominated by computer-controlled robots. The change was necessary because of fierce competiti

Company is Starbucks.

Company is Starbucks. Review the following site for a summary of the computation of contribution margin. Calculating the Break-Even Point and the Contribution Margin, Retrieved October 28, 2008 from: http://members.tripod.com/devryproject/BreakEven.htm This site is a detailed slide presentation of cost-volume-profit analysi

About CVP anylsis for The Shoe Company

The Shoe Company operates a chain of shoe stores. The stores sell ten different styles of inexpensive men 's shoes with identical unit costs and selling prices. A unit is defined as a pair of shoes. Each store has a store manager who is paid a fixed salary. Individual salespeople receive a fixed salary and a sales commission

Walkrite Shoe Company: CVP Analysis - breakeven, operating income

Introduction: The Walkrite Shoe Company operates a chain of stores that sell 10 different styles of shoes with identical unit costs and selling prices. A unit is defined as a pair of shoes. Each store has a store manager who is paid a fixed salary. Individual salespersons receive fixed salaries and sales commissions. Walkrite

The Bruggs & Strutton Company manufactures an engine for carpet cleaners called the "Snooper." Budgeted cost and revenue data for the "Snooper" are given below, based on sales of 40,000 units.

I need help with these 2 sample problems. Thanks. The Bruggs & Strutton Company manufactures an engine for carpet cleaners called the "Snooper." Budgeted cost and revenue data for the "Snooper" are given below, based on sales of 40,000 units. Cost of goods sold consists of $800,000 of variable costs and $320,000 o