Premium Essay

San Jose

In:

Submitted By qiqihahaxixi
Words 1832
Pages 8
San Jose Motors
San Jose Motors is a small company that produces motors for specialized equipment sold primarily to research laboratories and a major U.S. defense contractor. The operation is family owned and has been in business for 15 years. The company produces and sells three motors, named Motor 5, Motor 10, and Motor 15.

Bob Noonan was recently hired as an accountant and reports to the controller, Jennifer Mackey. Bob has been performing routine types of accounting work, but he would like to become more involved in cost control and in analyses to help the managers make decisions. Recently, he performed a cost-volume-profit analysis of the company’s three products, as shown below. The analysis was based on data from last year’s accounting records.

Prior Year Data | | Aggregate | Motor 15 | Motor 10 | Motor 5 | Sales at capacity (units) | 300,000 | | | | Actual volume (units) | 250,000 | 120,000 | 80,000 | 50,000 | Price per unit | $113.60 | $140.00 | $120.00 | $40.00 | Total revenue | $28,400,000 | $16,800,000 | $9,600,000 | $2,000,000 | Variable cost per unit | $85.60 | $125.00 | $62.50 | $28.00 | Total variable cost | $21,400,000 | $15,000,000 | $5,000,000 | $1,400,000 | Fixed costs | $6,000,000 | $900,000 | $4,500,000 | $600,000 | Operating profit | $1,000,000 | $900,000 | $100,000 | $0 | Ratios: | | | | | Variable cost to sales | 75.352% | 89.286% | 52.083% | 70.000% | Contribution margin ratio | 24.648% | 10.714% | 47.917% | 30.000% | Utilization of capacity | 83.333% | 40.000% | 26.667% | 16.667% | Breakeven point: | | | | | Units | 214,286 | | | | Revenues | $24,342,857 | | | |

Total Revenue
Total Revenue
Total Cost
Total Cost

Bob asked Jennifer for an opportunity to present his CVP analysis at the next weekly managers’ meeting. Jennifer had used CVP in the past, but had not formally

Similar Documents

Free Essay

Musuem San Jose Visit

...1. What is the title/name of the art piece? 
(There may be information in the museum to tell you this, check the walls around the exhibit) San Jose Museum of Art in downtown San Jose Around the Table, Stage One: Epilogue, 2010-2011. 2. Who made this work? 
(Be sure to write down details that will help you research further on the internet or in published materials) Jitish Kallat 3. What does the artist do to influence your perception with this piece? 
(What is the context? what visual cues add information?) The artist depicts the phases of the moon with what looks like chips. After further researched I learned it was small comfort foods like pita, tortilla, and injera. 4. In what way(s) does this piece demonstrate an interaction of culture and art? 
(Do your best to identify this, there usually isn't really any one answer) This art piece takes food that we eat and creates a story out of it. Although the art piece seems pretty simple and meaningless, until you really stand there and stare at the wonder of what it depicts. 5. How does the work reflect that cultural association? 
(Does it contain symbols, text, design elements, content, etc. that reflects a specific perspective?) The use of food that he would eat and is apart of his culture is an element of the art piece. The moon shape represents the journey of life through the phases of the moon. 6. Explain why you chose this particular item: 
(what is it that caught your interest or attention - give...

Words: 400 - Pages: 2

Premium Essay

San Jose Motor

...San Jose Motors San Jose Motors is a small company that produces motors for specialized equipment sold primarily to research laboratories and a major U.S. defense contractor. The operation is family owned and has been in business for 15 years. The company produces and sells three motors, named Motor 5, Motor 10, and Motor 15. Bob Noonan was recently hired as an accountant and reports to the controller, Jennifer Mackey. Bob has been performing routine types of accounting work, but he would like to become more involved in cost control and in analyses to help the managers make decisions. Recently, he performed a cost-volume-profit analysis of the company’s three products, as shown below. The analysis was based on data from last year’s accounting records. Prior Year Data Aggregate Motor 15 Motor 10 Motor 5 Sales at capacity (units) 300,000 Actual volume (units) 250,000 120,000 80,000 50,000 Price per unit $113.60 $140.00 $120.00 $40.00 Total revenue $28,400,000 $16,800,000 $9,600,000 $2,000,000 Variable cost per unit $85.60 $125.00 $62.50 $28.00 Total variable cost $21,400,000 $15,000,000 $5,000,000 $1,400,000 Fixed costs $6,000,000 $900,000 $4,500,000 $600,000 Operating profit $1,000,000 $900,000 $100,000 $0 Ratios: Variable cost to sales 75.352% 89.286% 52.083% 70.000% Contribution margin ratio 24.648% 10.714% 47.917% 30.000% Utilization of capacity 83.333% 40.000% 26.667% 16.667% Breakeven point: Units 214,286 Revenues $24,342,857 ...

Words: 1824 - Pages: 8

Premium Essay

San Jose Motor

...San Jose Motors San Jose Motors is a small company that produces motors for specialized equipment sold primarily to research laboratories and a major U.S. defense contractor. The operation is family owned and has been in business for 15 years. The company produces and sells three motors, named Motor 5, Motor 10, and Motor 15. Bob Noonan was recently hired as an accountant and reports to the controller, Jennifer Mackey. Bob has been performing routine types of accounting work, but he would like to become more involved in cost control and in analyses to help the managers make decisions. Recently, he performed a cost-volume-profit analysis of the company’s three products, as shown below. The analysis was based on data from last year’s accounting records. Prior Year Data | | Aggregate | Motor 15 | Motor 10 | Motor 5 | Sales at capacity (units) | 300,000 | | | | Actual volume (units) | 250,000 | 120,000 | 80,000 | 50,000 | Price per unit | $113.60 | $140.00 | $120.00 | $40.00 | Total revenue | $28,400,000 | $16,800,000 | $9,600,000 | $2,000,000 | Variable cost per unit | $85.60 | $125.00 | $62.50 | $28.00 | Total variable cost | $21,400,000 | $15,000,000 | $5,000,000 | $1,400,000 | Fixed costs | $6,000,000 | $900,000 | $4,500,000 | $600,000 | Operating profit | $1,000,000 | $900,000 | $100,000 | $0 | Ratios: | | | | | Variable cost to sales | 75.352% | 89.286% | 52.083% | 70.000% | Contribution margin ratio | 24.648% | 10.714% | 47.917% |...

Words: 1832 - Pages: 8

Premium Essay

San Jose Cafr Analysis

...City Of San Jose CaFr & Budget Analysis Teja Gadde City of San Jose- Introduction: The city of San Jose, CA, is the self proclaimed capital of the Silicon Valley. Initially, it was the first civilian settlement in California in 1777 and was also the 1st state capital of California. Today, San Jose is the third largest city in California, following only Los Angeles and San Diego. It has an estimated population of over 950,000 people. San Jose has a very diverse population; 33.2% Hispanic, 28.7% White and 31.7% Asian. It is the home to the largest concentration of technology firms worldwide- over 6,500 technology companies are located in San Jose and surrounding areas. San Jose has large private employers such as Cisco Systems, Xilinx, IBM and EBay. San Jose is known to be the hub for technological innovation. However, San Jose was not immune to the effects of recession. The slight increases in San Jose's primary revenues was not enough to cover its expenditures, even though expenditures decreased from the previous year. San Jose provides many governmental activities services such as public transportation, libraries, parks, recreation and neighborhood services. San Jose also provides business-type activities such as the airport, wastewater treatment system, water system and parking management operation. At Fiscal year Ending June 30, 2011, San Jose had Total Net Assets of $5.648 billion, which is a decrease of $382 million from the previous period. This paper will...

Words: 1754 - Pages: 8

Free Essay

San Jose Mine Collapse

...San Esteban Primera Mining Company, San Jose Mine Collapse This letter was handed to this representative standing before you by the CEO from the San Jose mine of the San Esteban Mining Company. This letter is being hand delivered so that you can be assured that no misconstrued or misleading information is obtained other than the facts I am presenting you at this time. I the CEO from the San Jose Mine of the San Esteban Mining Company am saddened to say with the utmost respect for the consideration of the direct families of the workers of the San Jose Mine, that there has been a major accident involving one or more of your family members employed by the San Jose mine on this August 5th of 2010. I regret to admit that I do not know all of the specific facts of the accident or the extent of any injuries if any at this time. I as the on-site CEO of the San Jose mine can assure you that any and all efforts and any necessary procedures are being taken to ensure that the safety and well-being of all the workers involved in the tragic matter are correctly informed in this sensitive situation. I do have a list of all workers that were working in the section of the mine at the time of the collapse. The welfare of these workers is unknown at this time. These men are trapped in a new section of the mine some 2,300 feet below the surface. I would like that all family members of these trapped workers come to the site for support. I have sectioned of an area at ground zero, this is to ensure...

Words: 769 - Pages: 4

Free Essay

Fat People

...I. September Facts A. 265th day of the year 1. 100 days left until the end of this year 2. Ends summer, brings the season fall B. Signs 1. Virgo is the zodiac sign of somebody who was born in September 2. The modern birthstone for this month is Sapphire 3. Agate is the mystical birthstone 4. The ox represents September 5. The September element is fire C. 22 of September in 1997 1. The day of this week was Monday a. Second day to start the week b. The Spanish translation for Monday is lunes 2. A person born on this day will be sixteen years old today a. If this same person saved a nickel everyday starting at the age of five, then by now that person would have accumulated $210.20 today b. Assuming this same person is alive and kicking II. Famous Deaths A. Bryan Woods 1. Soldier/clerk 2. Dies at age 76. B. Eric William Hunter Christie 1. Barrister 2. Dies at age 77 C. George Bryan Ingham 1. Artist 2. Dies at age 61 a. Studied at St. Martin’s School of Art, located in London b. Taught by Frederick Gore and A Ziegler 3. Exhibitions a. 2003-4, Bryan Ingham Prints, Belgrave Gallery, St. Ives b. 2006, Fine Arts Society D. Ruth Picardie 1. Journalist, editor 2....

Words: 1154 - Pages: 5

Free Essay

Cisco Systems Background Research

...Cisco Systems, Inc. was founded in 1984, its corporate headquarters is located in San Jose, California. Cisco is one the most prominent corporation's in The Silicon Valley. Cisco was founded by a husband and wife team, who were both working for Stanford University. They were unable to email each other from offices in separate buildings or across the campus, due to technological shortcomings at that time. They wanted to create the ability to email each other from their separate buildings across the campus. Cisco is a global marketing corporation, they've definitely have created a global brand name for themselves. Cisco designs, manufactures, and sells networking equipment. The Internet of Everything brings together people, processes, data, and things, to make connectivity more relevant and valuable than ever. Cisco markets their belief that the customers come first, they've created a long-lasting customer base with strong partnerships and relationships. They work closely with their customers to identify their needs and provide solutions that support their success. Cisco has shaped the future of the Internet by creating unprecedented value and opportunity for their customers, employees, investors and ecosystem partners and has become the worldwide leader in networking - transforming how people connect, communicate and collaborate. Cisco is most definitely a global marketing machine. I've worked in the technology industry for over 16 years. In my opinion and many others...

Words: 583 - Pages: 3

Free Essay

Cosmic Voyage

...Title Lick Observatory can be found atop, Mt. Hamilton east of San Jose, California. As if it were a massive white beacon, the observatory drew us closer as we kept a steady pace windy up one valley and down another, moving along the hillside. After a one hour drive, up and windy and awfully narrow road my girlfriend and I arrived at Lick Observatory. Far away from the relatively bright lights of San Jose, nestled atop a calm and peaceful mountain top, the observatory can be seen by nearly the entire valley, just as James lick intended. Although most of San Jose citizens pay no attention to the observatory, it has quietly be operating for over a 120 years. Originally the observatory was built to house The Great Lick 36-inch refracting telescope but has since added 6 modern reflecting telescopes. Theses modern telescopes and technological advancements have change astronomy and Lick Observatory has adapted. Most observatories are located away from large cities and on top of tall mountains and Lick observatory is no different. James lick originally wanted to build the telescope in downtown San Francisco because he wanted to the worlds largest telescope to be in a place where everyone could see it. Due to the obvious effects of light pollution he was persuaded to build in another location. Light pollution is the “brightening of the night sky by lighting scattered from artificial outdoor lighting” (Backman-Seeds 62). Mt. Hamilton was a perfect compromise for the location for...

Words: 508 - Pages: 3

Free Essay

Cisco Systems Uses Its Culture for Competitive Advantage Case Study

...Cisco Systems Uses Its Culture for Competitive Advantage Case Study 1. What are the observable artifacts, espoused values, and basic assumptions associated with Cisco’s culture? Explain. The above terms are also known as the three fundamental layers of organizational culture, each varying in outward visibility and resistance to change an each level influences another level. Observable artifacts are the most visible and also cosist of the physical manifestation of an organization’s culture (Kreitner and Kinicki,2010, pg.65). An example of this when the CEO John Chambers uses just three words to describe the benefits of the San Jose networking giant’s management system: “speed, skill, and flexibility.” This is relates a published list of values by Cisco. Another example is with Manny Rivelo, a senior vice president at Cisco Systems, that 70% of his compensation is based on the council’s ability to meet revenue targets and collaborate. As to espoused values, they represent the explicitly stated values and norms that are preferred by an organization. In Cisco’s case, it was Chambers’ idea originated by a loss of $2.2 billion loss in 2001, which involves grouping executives into cross-functional teams. This concept would lead to faster decision making. Basic assumptions are unobservable and represent the core of organizational culture. I feel that Rivelo’s one quote sums of the basic assumptin for Cisco, “I’m on a litany of them-three councils, maybe six boards, and five working...

Words: 330 - Pages: 2

Premium Essay

Autobiography

...My name is Michael Johnson. I was born on 16 January, 2006 at San Jose in the city hospital. I live with my mother, Josephine Wilson, father Jed Johnson and my younger sister Sandy Wilson. My parents recollect that when I was born, the whole families, especially my grandparent, were extremely thrilled to have a new boy in the family. Childhood passed away in one of the most wonderful ways playing with my mom, father and all my cousins. My mom is a housewife and she stayed with all the time. I am really fond of the games of memorizing and the exercises of eye-hand-body coordination as I was in my childhood. My father owns and operates an electronic products business oversea in India. I would travel with my mom and sister to his factory and had so much fun with my sister in the indoor pool and snowball fighting outside the hotel while mom was watching and smiling at us. When I was a kid I was quite shy, quite unlike the outgoing guy I am now. As I grew a little bigger, I developed a liking for the game of badminton and basketball. And with grew my love for them, I would play it in school with all my classmates. We developed great passions for those games. I am still an avid player and a member of school badminton and basketball team. During my sophomore year, our team has won the badminton championship in the school. The victory is really one of the cherished moments of my life. I am interested in software engineering. There is a really interesting story behind how I got introduced...

Words: 380 - Pages: 2

Free Essay

Cisco

...1. What is Cisco's objective? Cisco’s objective is to create the human capital which in highly skillful and keep the core employees community in order to compete in the technological industries in the workplace.  2. Who are the relevant market and nonmarket stakeholders in this situation? Relevant market is the communities in neighborhood San Jose residents and nonmarket stakeholder are the environmentalist.  3. What are their interests? Please indicate if each stakeholder is in favor of, or opposed to, the Coyote Valley development project, and why. For stakeholder, they believe that this project can give benefit such as it could bring more job and tax revenue as well as helping to improve neighborhood services. It differ to people who opposed to, they believe this project can bring more negative effect to them such as the road will cause major traffic jam, cause environmental pollution and so on. They hope this kind of project must be stop in order to preserve natural environment. 4. What would be the advantages and disadvantages to the company of working collaboratively with its stakeholders to resolve this dispute? The advantages are they could bring the good facilities to them and help to improve their lifestyle and can also increase the economic development in that area. The disadvantages are the stakeholder will be more concern to the opposite idea and it would bring the project to the end. The project will be terminated and cause the company loss as...

Words: 334 - Pages: 2

Free Essay

Study Habits of 2nd Year Block B Accounting Students: Its Implication to Their Academic Performance

...tourist attraction. Under Winchester's day-to-day guidance, its "from-the-ground-up" construction proceeded around the clock, without interruption, from 1884 until her death on September 5, 1922, at which time work immediately ceased.[3] The cost for such constant building has been estimated at about US $5.5 million[4] (if paid in 1922; this would be equivalent to over $75 million in 2012).[5] The Queen Anne Style Victorian mansion is renowned for its size and utter lack of any master building plan. According to popular belief, Winchester thought the house was haunted by the ghosts of the people who fell victim to Winchester rifles, and that only continuous construction would appease them. It is located at 525 South Winchester Blvd. in San Jose, California.[6] As of 2013, the house is under private ownership by Winchester Mystery House, LLC, a limited liability company owned by partners Edna May Raney; Gerard Raney; Ray Farris II; Sandra Farris; and M. Valerie Bovone. It is not operated by the County of Santa Clara or the U.S. National Park Service. Inspiration Although this is disputed, popular belief holds that a Boston medium told Winchester that she had to leave her home in New Haven and travel West, where she must "build a home for yourself and for the spirits who have fallen from this terrible weapon, too. You must never stop building the house. If you continue building, you will live forever. But if you stop, then you will die." Winchester left her New Haven home...

Words: 1554 - Pages: 7

Free Essay

Humanities Today

...| Humanities Today | | | | 6/25/2012 | HUM102 | | Humanities could be described as the blend of history, culture, mythology, literature and art in some cases. It establishes the past, the present, and the future, life, and destiny of society. With humanities, we are able to discover how life and all humanity became of existence and evolve over time. Humanities can assist people in different cultures and ethnic backgrounds to recognize, understand, and establish the meaningful modifications of American history. It seems as if society has become entirely dependent on visible consumption and leisure and is being denied of how we truly evolved into the existence of today. The lessons that we learn throughout our lives are taught so that we can learn about the creation of humanity. The cultures throughout the world have been molded by historical events. Items such as technology set distinct areas that could be integrated to additional assessment of our history. Art offers our culture with a distinctive image that is custom-made towards our feelings, thoughts, ideas, and freedom of expression. The internet can show all the features of this. Modern museums were the first place for revealing such works of art, but now there is a constant effort to try to compete with the vast production of computers and the internet. Without human inquiry and expression, I do not think there would be a society today or a sense of humanity. When you think about how society evolved...

Words: 923 - Pages: 4

Free Essay

The Meaning of Sjsu

...The Meaning of SJSU The meaning of San Jose State University (SJSU) will have a different perspective in every individual’s opinion. This university may be a source to attain a four-year degree, might be seen as a commuter school to majority of the students or even perceived as just a party school. This university has much to offer, the diverse location, culture, and resources available make San Jose State appealing to vast range of people. Being a Spartan is a privilege for me. I know San Jose State or any college in that case does not guarantee happiness and success but when I made the decision to attend a four-year college, I knew it was an opportunity to test myself and see what I can achieve. It opens the eyes of every inspiring student and allows us to see the numerous possibilities. Being a Spartan excited me to keep moving forward, and makes my ambitions and visions to get even more powerful. San Jose State gave me an opportunity to achieve my dreams and gives me the desire to make this world a better place by providing my knowledge in my career. I know that what I gain from my education at San Jose State will be my tool. The biggest asset gained from a college degree is sheer knowledge. Academically San Jose State is a well-established school that allows students to explore their freedom as they please by offering vast majority of options according to their needs. San Jose State University offers the most established engineering programs by providing plethora of...

Words: 1671 - Pages: 7

Premium Essay

Sattilite Store-Colegio de San Jose

...COLEGIO DE SAN JOSE Member: St. Louise de Marillac Educational System of the Daughters of Charity E. Lopez Street, Jaro, Iloilo City HIGHER EDUCATION DEPARTMENT TIANGGE NI SAN VICENTE KAG STA. LUISA Business Plan In Entrepreneurial Management 403 Submitted by: Kenneth Rey A. Marbebe BSBA-IV Submitted to: Mrs. Lucyl L. Gulmatico Teacher BUSINESS PLAN (Draft) October 2012 I. EXECUTIVE SUMMARY: THE BUSINESS: The Tiyangge of San Vicente kag Sta. Luisa will be the training ground for the BSBA students. It will provide learning’s and earnings to the volunteers with its products consigned and some services. MARKETING STRATEGY: Tiyangge ni San Vicente kag ni Sta. Luisa has wide range of target market as it is inside the school. The use of advertisement, promos and the beautification of the area will attract that large population to buy and avail the products and services offered. OPERATIONS: The tiyangge Ni San Vicente Kag ni Sta. Luisa will open 8:30 a.m. to 4:00 p.m. on school days. The area is located beside the school canteen. Volunteers of tiyangge have its own time to volunteer in the store, keeping the store operates 8 hours during school days. MANAGEMENT TEAM: BSBA 4 taking up the subject of Entrepreneurial Management in cooperating with the BMAP and BRC will manage the tiyangge in its daily operations and projecting plans. Volunteers will be responsible in their given time at the tiyangge, for efficient service...

Words: 1338 - Pages: 6