Assumptions behind cost-volume-profit analysis

Assignment Help Managerial Accounting
Reference no: EM1347541

What are some of the critical assumptions behind Cost-Volume-Profit Analysis and why is CVP typically used by organizations more often than time value money tools?

Reference no: EM1347541

Questions Cloud

Find the volume to the nearest thousand cubic foot : Two free particles (that is, free to move) with charges +q and +4q are a distance L apart. A third charge is placed so that the entire system is in ?quilibrium. Find out the location, magnitude, and sign of the third charge.
Example of weighted directed grap with weight function : Provide an example of weighted directed graph G = (V, E) with weight function ω:E→R and source vertex s such that G satisfies following property.
Elucidate the dispute resolution options available : Elucidate the dispute resolution options available to Bobbie Sue and Suzy Q and the primary differences between each option.
Approaches to short-term financing problem : Discuss the three approaches to short-term financing problem and provide relevant examples of each.
Assumptions behind cost-volume-profit analysis : What are some of the critical assumptions behind Cost-Volume-Profit Analysis and why is CVP typically employed by organizations more often than time value money tools?
Define which beaker of water has higher temperature : A child attempts to drink water by a 100 long straw but finds that water rises only 75 .By how much has the child reduced the pressure in her mouth below atmospheric pressure.
Cvp analysis-breakeven analysis : JetSet Machinations, Inc. expects to become very successful in manufacture and sales of its fuel-efficient high speed airplane, the S2S-900. This plane will be sold at about $70 million per plane.
Calculate firms expected fixed assets turnover ratio : Girard Corporation had sales of 1,120,000 dollar past year on fixed assets of $270,000. However, Girard's fixed assets were being used at only 90 percent of capacity.
Long-term incentive plans and strategic goals : Give an example how long term incentive plans have helped a company meet their strategic goals. Explain whether or not you believe most long term incentives are attainable.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Discussion of normal costing system

When using a normal costing system, manufacturing overhead is applied using the ______________ manufacturing overhead rate and the _______________ quantity of allocation base.

  Current costing model

Write down the strengths and weaknesses of current costing model.

  Information about cost-volume profit analysis

Describe how the following affect the break-even point: increase or reduce in unit sales price, increase or reduce in variable cost per unit, increase or reduce in fixed costs.

  Calculating-cost-volume-profit analysis

Sure Corporation has gathered 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; administra..

  Product mix and product line

Make a distinction between a product item, a product mix, and a product line. Give examples.

  Use of job order and process cost system

Discuss the factors that a company must consider when deciding whether to use a job order or a process cost system. What might be the consequences to a company if they make the wrong choice?

  Which cost systems would companies use

Recognize which costing system - job order or process cost - the following companies would use:

  Question on cvp analysis

Compute the annual breakeven point in dollar and in unit sales for shop 48? Make a CVP graph showing cost and revenue data for shop 48 from zero level activity up to 17,000 pairs of shoes sold in year, what would be shop 48's net operating income o..

  Find a newspaper article

Find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after November 2013

  Mcdonald corporation-activity based costing

What is a service or product in McDonald's which can employ activity based costing? What are three activities for activity based costing and the correct cost drivers for them? Give an estimate for application rates of these drivers.

  Knowledge-activity based costing

City of Joseph Commercial Bank hired consultants to compute the costs of three products: checking accounts, personal loans, and the Gold visa card. The consultant identified the following activities, costs and activity drivers (annual data):

  Determine the cost of jobs

Evaluate the total cost of the work in process inventory on January 31. Determine the cost of jobs completed during January, and show the proper journal entry to reflect job completion.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd