Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What are the Advantages or uses of break even charts
Computation of break even point or presentation of cost volume and profit relationship by way of break even charts has the following advantages :
1) Information provided by the breakeven chart is in a simple from and is clearly understandable even to a layman the whole idea of the problem is presented at a glance.
2) The break even chart is very useful to the management for taking managerial decision because the chart studies the relationship of cost volume and profit at various levels of output. The effects of changes in fixed cost and variables costs at various levels of output and that of changes in the selling price on the profits can be depicted very clearly by way of break even charts.
3) The break even charts helps in very knowing and analyzing the profitability of different products under various circumstances.
4) A break even chart is very useful for forecasting (the cost and profits), planning and growth.
5) The break even charts is a managerial tool for control of costs as it shows the relative importance of fixed cost in the total cost of a product.
6) Besides determining the break even point profit at various levels of output can also be determined with the help of break even charts.
7) The break even charts can also be used to study the comparative plant efficiencies of business.
Gafat Engineering Ethio plc manufactures two types of TV sets LCD and CRT both having only one model. The LCD and CRT television sets sell for $9000 and $5000, respectively. the co
What is Programmer budgeting It is a combination of programming and systems refers to the activity and system analysis refers to cost benefit analysis or operations research. I
why the activity costing have most comparative bid?
Painter Ltd, which manufactures and sells a single product, is currently producing and selling 102,000 units per month, which represents 85% of its full capacity. Total monthly cos
Q. What is the issue price for Bond A and B ? On December 31, 20x7, the Jill Corporation issued $20,000,000 of 15 year face value bonds. The bonds pay interest on June 30 and D
#questioExercise 3-12 Computing Predetermined Overhead Rates and Job Costs [LO1, LO2, LO3, LO7] Kody Corporation uses a job-order costing system with a plantwide overhead rate base
In the documentary bills the seller faces a lot of risk as the risk of non-acceptance or non-payment of goods. This poses a main risk for the seller. These additional securities in
What is behind the wave of mergers in the banking industry? A: Several economic factors have caused banking institutions to merge over the past several years. These factors inc
any accounting concept brifely explen
h. Production orders that had cost 450,000 to complete according to their job cost sheets were shipped to customers during the month. These goods were sold on account at 50% above
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd