Compute the break-even point expressed in total revenue

Assignment Help Managerial Accounting
Reference no: EM132911314

Question - Children's Hospital predicts variable costs of 70% of total revenue and fixed costs of $42million per year for the coming year.

-Compute the break-even point expressed in total revenue.

-Children's Hospital expects total revenue of $150million from 200,000 patient days. Compute expected profit (a) if costs behave as expected, and (b) if variable costs are 10% greater than predicted.

Reference no: EM132911314

Questions Cloud

Record the issue of the bonds on August : The Vancouver Canucks issued ten year, $2 million bonds on August 1, 2020 with a coupon rate of 7%, at $1,864,097. Record the issue of the bonds on August
Outline three reasons why banks are regulated : Name two bank regulators and briefly explain their regulatory purpose. Provide an example. Outline three reasons why banks are regulated.
What are privacy issues with data mining : What are the privacy issues with data mining?
What are consequences of eliminating withholding tax : Portugal's Ministry of Finance announced that it would scrap the 20 percent withholding. What are the likely consequences of eliminating the withholding tax?
Compute the break-even point expressed in total revenue : Children's Hospital predicts variable costs of 70% of total revenue. Compute the break-even point expressed in total revenue
Reflections on reasons that water is important for body : Share your reflections on the reasons that water is important for the body and consider how much nutrition science is used in your justifications.
Preparing monthly management accounting- is that good or bad : You are preparing the monthly management accounting reports. Your inventory turnover ratio is much lower than normal. Is that good or bad?
Important security layer in defense-in-depth approach : What defines the limits within the User Domain and validates user activities that would provide an important security layer in a defense-in-depth approach
Explain the expected result of the aspects of the new law : The United States Congress and Senate passed, Pick two aspects of the bill and explain the expected result of those aspects of the new law.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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