# Miss

Submitted By lolo198
Words 2886
Pages 12
CHAPTER 19 ALTERNATE PROBLEMS

Problem 19.1A

Using Cost-Volume Profit Formulas

Jumble writes and manufactures spelling games that it sells to retail stores. The following is per-unit information relating to the manufacture and sale of this product:

Unit sale price \$ 30

Variable cost per unit 6

Fixed costs per year 280,000

Instructions

Determine the following, showing as part of your answer the formula that you used in your computation. For example, the formula used to determine the contribution margin ratio (part a) is:
|Contribution Margin Ratio |= |Unit Sales Price – Variable Costs per Unit |
| | |Unit Sales Price |

a. Contribution margin ratio. b. Sales volume (in dollars) required to break even. c. Sales volume (in dollars) required to earn an annual operating income of \$50,000. d. The margin of safety sales volume if annual sales total 50,000 units. e. Operating income if annual sales total 50,000 units.

Problem 19.2A

Using Cost-Volume-Profit Formulas

Spear Products typically earns a contribution margin ration on 30% and has current fixed costs of \$90,000. Spear’s general manager is considering spending an additional \$25,000 to do one of the following: 1. Start a new ad campaign that is expected to increase sales revenue by 8%. 2. License a new computerized ordering system that is expected to increase Arrow’s contribution margin ratio to 35%.

Sales revenue for the coming year was initially forecast to equal \$1,500,000 (that is, without implementing either of the above options).

Instructions

a. For each option, how much will projected operating income increase or decrease relative to initial predictions?…...

### Similar Documents

#### Miss

...For example, consider the SV for each of the following three shareholders, Miss Rapid, Mr Medium and Miss Undecided, who each invested £10,000 on 1 January 20X6 in Spacemobile Ltd which pays a dividend of £500 on these shares on 31 December each year. Miss Rapid sold her shares on 31 December 20X7. Mr Medium sold his on 31 December 20X9, whereas Miss Undecided could not decide what to do with her shares. The SV for each shareholder is as follows: Shareholder Date acquired 1.1.20X6 1.1.20X6 1.1.20X6 Investment at cost 10,000 10,000 10,000 Dividends amount (total) 1,000 2,000 2,000 Date of disposal 31.12.20X7 31.12.20X9 Undecided Sale proceeds 11,000 15,000 IRR% Miss Rapid Mr Medium Miss Undecided 10%* 15% * ((500 × 9091) + (11,500 × 8265)) − 10,000 = 0 We can see that Miss Rapid achieved a shareholder value of 10% on her shares and Mr Medium, by holding until 31.12.20X9, achieved an increased capital gain raising the SV to 15%. We do not have the information as to how Miss Rapid invested from 1.1.20X8 and so we cannot evaluate her decision – it depends on the subsequent investment and the economic value added by that new company. 28.7.2 Total shareholder return Miss Undecided has a notional SV at 31.12.20X9 of 15% as calculated for Mr Medium. However, this has not been realised and, if the share price changed the following day, the SV would be different. The notional 15% calculated for Miss Undecided is referred to as the total shareholder return (TSR) – it takes......

Words: 327691 - Pages: 1311

#### Miss

...Mr. Dewy Good, As per my contract to provide an implementation safety program for your company, the following paper has been prepared to illustrate, in detail, the steps that I have determined to be necessary to develop a progressive health and safety management system. Geared to your knowledge and interest in the “Alberta Partnership Program”, I will provide specific guidance on what needs to be done, and in what order. Here are the key issues that need to be addresses; • Company Health and Safety Statement • Company Responsibility and Obligations • Hazard Identification and Task Analysis • Workplace Inspections • Worker Training and Competency Training • Incident/Near Miss Reporting • PPE • Incentive Program The first order of business is to establish a written mission statement acknowledging your commitment to health and safety. A mission statement is crucial in order to create and maintain a safety culture within the company. Commitment to and enforcement of safety standards by managers at all levels is essential in making health and safety part of our day-to-day business practice. Without a large emphasis on this commitment, health and safety activities are usually incomplete, inadequate, or ill-performed. To ensure the quality of our company’s safety policies, our health and safety program is a cooperative effort among management, and employees. Be advised this mission statement is for your approval, and can be amended if need be. MISSION STATEMENT: XYZ......

Words: 367 - Pages: 2

#### Miss

... : Sepedi Additional information- About myself * I am honest, responsible for all of my actions and being a little bit of perfectionism. * Adaptability and compatibility * Ii also have the drive to keep going, and having compassion and understanding are my positive personality traits. * Adventurous * Affable * Conscientious * Cultured * Dependable * Discreet * Fair References * Mrs Minga Company: Tshwane university of Technology Position: Human Resource Manager Tel no: 015 287 0756 * Mr Aaron Moloti Mogashoa Company: Tshwane University of Technology Position: Head of Department of Residences Tel no: 012 382 5992 * Miss Johleen Wallace Company: Glenstantia Primary School Position: Head of Department Tel no:083 5942 769/ 012 998 6116...

Words: 615 - Pages: 3

#### Miss

...society aspects. Companies usually use triple bottom line report to assess advantages and disadvantages of company performance. Under legitimacy theory, sustainability report is a material process to gain social contract in order to survive in the future generation. In this report, accountant is responsible for presenting the various performances besides economic aspect to stakeholders and managements through sustainability report. It aims to help management do better decision making. For the environmental aspect, Environmental Management System (EMS) serves as a tool or process to improve environmental performance. However, there are boundaries and limitations are included in sustainability report. It means sustainability reporting may miss some significant information. Issues or activities are covered by report and respective limitations. The scope of a report could for example be limited to one or several areas of sustainability, but not include all. Boundaries and Limitations are any restrictions or exclusions to scope or an entity allow a clearer and better understandable description. ‘Criteria for qualifications are the report explains when it covers a limited scope or only part of organization, e.g. selected countries or plants, or selected business units or activities; the report includes reasons omitting certain certain aspects of sustainability scope of parts of the organization, and specifies plans for more extensive coverage in the future. A process of......

Words: 2918 - Pages: 12

#### Miss

...style products. Drawing on an audit by Swiss and Cayman Islands tax services, the financial expert’s estimation that Chanel has about one-third part of France’s style and some extravagant produces in 2008, about \$10.3 billion evaluation value of the part \$35 billion. Figure 1: Chanel’s market share of France’s luxury products in 2008. Figure 1(The Allure of Chanel, 2010) Product Chanel products are very rich, mainly product for women. That product are include: advanced suit, couture haute, perfume, makeups, skincare goods, shoes, handbags, glasses, watches, jewellery and accessories. Moreover, the main product is perfume and handbag. The perfume series has enduring NO. 5 and COCO, Miss COCO, NO. 19 and a series of perfume products are welcomed by the market (Chanel, 2013) Chanel is attractive the luxury product line, therefore the product quality is always outstanding, pale, graceful and luxurious. The quality of its goods is reproduced from the inside out. It is not only reproduced on the delicate workmanship, but also on its internal project concept. Chanel of each item is more like a work of art; you will miraculously discover two of opposing art style in a product. Price There is no doubt that Chanel all product lines are high, thus the price has been strong in the market in high-end status. For Chanel goods only may be a rising trend of price changes, rather than falling. And the possibility of Chanel......

Words: 2881 - Pages: 12

#### Miss

...Unit 1 Developing effective communication in health and social care Jordanne Dixon Miss Marsh Unit 1 Developing effective communication in health and social care Unit 1 Developing effective communication in health and social care Jordanne Dixon Miss Marsh Unit 1 Developing effective communication in health and social care Assignment 1 – Types of communication and interpersonal interactions Assignment 1 – Types of communication and interpersonal interactions The role of effective communication and interpersonal interaction in building trusting relationships, improving self-esteem and providing appropriate support to meet the needs of individual service users. Communication is used for giving information, obtaining information and exchanging ideas between two or more individuals. To make communication effective you must do more than simply pass on the information, it means involving and engaging the other person or people. An example of effective communication in relation to health and social care would be in a counselling session. A support worker would say ‘Marcus, what would like to achieve from this session today?’ The individual who is using the service listens to the care worker and responds in the appropriate way. For example, ‘I would like to learn some alternatives of coping with my addiction.’ Effective communication must be clear, accurate and legible. Without these 3 rules information would deem inaccurate. Inaccuracies could result in......

Words: 3447 - Pages: 14

#### Miss

...Unit 1 Developing effective communication in health and social care Jordanne Dixon Miss Marsh Unit 1 Developing effective communication in health and social care Unit 1 Developing effective communication in health and social care Jordanne Dixon Miss Marsh Unit 1 Developing effective communication in health and social care Assignment 1 – Types of communication and interpersonal interactions Assignment 1 – Types of communication and interpersonal interactions The role of effective communication and interpersonal interaction in building trusting relationships, improving self-esteem and providing appropriate support to meet the needs of individual service users. Communication is used for giving information, obtaining information and exchanging ideas between two or more individuals. To make communication effective you must do more than simply pass on the information, it means involving and engaging the other person or people. An example of effective communication in relation to health and social care would be in a counselling session. A support worker would say ‘Marcus, what would like to achieve from this session today?’ The individual who is using the service listens to the care worker and responds in the appropriate way. For example, ‘I would like to learn some alternatives of coping with my addiction.’ Effective communication must be clear, accurate and legible. Without these 3 rules information would deem inaccurate. Inaccuracies could result in......

Words: 3447 - Pages: 14

#### Miss

...this type of project then there may be additional costs associated with schedule overruns and additional resources. • Lack of resources This is a very high impact risk. If Geneva fails to assign necessary resources to the project then project failure may be eminent. • Scheduling conflicts The current schedule shows that 160 days (Jeffrey, 2007, p.19) are needed for system testing. From the perspective of a project start time in May, the schedule shows that testing must begin immediately; even before the design phase is complete. The schedule also allocates 127 days for project management, which infers that the two functions run back to back as opposed to concurrently. This scheduling conflict, if not mitigated, will cause the project to miss the target requirement of opening the Internet store before Christmas....

Words: 565 - Pages: 3

Free Essay

#### Miss

...Living through the war Dear diary, October 19, 1940 After 20 steps I had to stop. My breath became short, my heart pounded and my legs gave way. A shower of bombs hit the side of my house. The force of the blast threw me to the ground! There are streets being bombed right this minute; I’m scared. Mama and Papa told me that everything is going to be ok, but I’m still scared. They said that I have to be evacuated out of London soon; I have to go somewhere far away. I will miss them dearly and I’m sure they will miss me too. I’m only 13 but my mama can’t come with me, she said that Churchill our prime minister made up the rules. I have mixed thoughts about being evacuated; I am worried about the type of people I am going to stay with and whether they will care for me or not, however, I love the countryside as it is very peaceful and quiet unlike the streets of London!! I’m going to bed now, speak soon. Mary. Dear diary, November 1, 1940 From late last night until early this morning, I witnessed some indescribable events. Armed soldiers and police paraded the streets looking for Jews. Jews were taken from their houses and other peoples attics where they hid. All I could hear throughout the night were gunshots. Between 200-300 Jews have been killed already. If they weren’t killed, they were taken away as prisoners. Mama told me that they were being taken to concentration camps where they would work themselves to death. It was definitely not tranquil! The sky is always......

Words: 832 - Pages: 4

#### Miss

...more and more expensive Advantage of Home-schooling Some parents decide to educate their children at home Some families live in isolated areas with poor transport Other parents are not satisfied with local schools Parents can respond to what their children need and how they learn best One-to-one lessons allow much faster progress The child can work at his or her own pace Discipline problems are avoided by home-schooling Disadvantages of home-schooling Most parents do not have the time to educate their children at home One parent would need to give up work School subjects are normally taught by up to ten different teachers Most parents do not have the necessary knowledge or resources Private tutors are expensive Children will miss out on the social experience that school offers At school, children learn how to get on with each other Home-schooled children may lack social skills Schools offer a better overall educational experience Bad behavior in schools: causes Bad behavior is due to a lack of structure and discipline There are too many children in some classes Large classes are difficult to manage May disruptive students come from an unstable family background Other parents are too lenient and spoil their children Some children are used to getting whatever they want Schools can do very little if they are not supported by parents Bad behavior in schools: solutions Schools need a clear code of conduct Schools need a clear set of rules about......

Words: 9831 - Pages: 40

#### Miss

...Measles is a viral infection that is very contagious. Indarjit’s could have caught measles by being in contact with infected mucus or saliva. Measles is an airborne virus, if an infected person sneezes or coughs; they release the virus into the air. The virus can live on surfaces for several hours, so Indarjit could have also caught measles by touching an infected surface. Indarjit is susceptible to the infection because his mother decided not to give Indarjit the MMR vaccination. This is because of the link between the vaccination and autism. The reservoir for the infection is Indarjit’s body because it stores the infection. Measles is a transient flora because it only lives in the body and on a surface for a short period of time. Miss Alessandria Lopez has visited her GP complaining of itching and discomfort around her genital area. She has also noticed a whitish grey discharge. Alessandria’s infection is localised because the infection is only on one part of the body. Thrush is a yeast infection that is caused by a type of fungus that lives naturally around the vagina. Thrush can be developed through sexual contact with another human being. Wearing tight-fitting clothing and not washing your genital area properly may also increase your risk of developing thrush. It can also occur when taking certain contraceptives or antibiotics because antibiotics can get rid of friendly bacteria. The genital area is a good environment for fungal growth because it is warm......

Words: 561 - Pages: 3

#### Miss

...at the business levels. Occasionally, plans will be made at the functional level, to allow managers to specialize and to increase managerial accountability. Marketing, for example, may be charged with increasing awareness of Microsoft game consoles to 55% of the U.S. population or to increase the number of units of Microsoft Office sold. Finance may be charged with raising a given amount of capital at a given cost. Manufacturing may be charged with decreasing production costs by 5%. The firm needs to identify the business it is in. Here, a balance must be made so that the firm’s scope is not defined too narrowly or too broadly. A firm may define its goal very narrowly and then miss opportunities in the market place. For example, if Dell were to define itself only as a computer company, it might miss an opportunity to branch into PDAs or Internet service. Thus, they might instead define themselves as a provider of “information solutions.” A company should not define itself too broadly, however, since this may result in loss of focus. For example, a manufacturer of baking soda should probably not see itself as a manufacturer of all types of chemicals. Sometimes, companies can define themselves in terms of a customer need. For example, 3M sees itself as being in the business of making products whose surfaces are bonded together. This accounts for both Post-It notes and computer disks. A firm’s mission should generally include a discussion of the customers served(e.g.,......

Words: 32449 - Pages: 130

#### Miss

...project in meeting the aims or hypothesis Our first research method was questionnaires. What was successful about it was we had a lot of teenagers within our college take part in it. We managed to collect enough data to prove that the majority of teenagers skip breakfast due to the fact that they are travelling to college. As well as this we search the Internet to find evidence that proves this. “He/she’s crunched for time” this statement shows us that teens either purposely wake up late or don’t have enough time to eat breakfast simply because they are travelling to college. I believe the main weakness would have to be that not enough teenagers gave an explanation as to why they don’t have breakfast at home; when they reach college they miss 15-20 minutes of their lesson time getting breakfast in the college canteen. Aside from this the questionnaire was successful as we collected the right data and some teens gave responses, which were similar to the ones on the Internet. Using the Internet had its flaws. Reason being, some of the information that was shown wasn’t irrelevant. In order to search for something specific it would have to be written into the search engine specifically. For example if I wrote ‘teenagers and breakfast before college’ what I would get is an explanation that has been researched before being placed on the net. To get the right information I would have to elaborate my question for example ‘what are the reasons for teenagers skipping/missing......

Words: 1278 - Pages: 6

#### Miss

...the conversation, for example if you are speaking to a child patient and they have their parents with them, you need to include the child because they could feel left out. You should take role as the leader to encourage all participants to get involved and express their feeling freely, making sure they all take their turns and listening to each other’s responses. In a hospital setting you should preferably keep to a formal tone to make sure your patients knows the severity of their situation but also be able to speak informal to make the atmosphere less intimidating and also creating a comfortable relationship with your patients. If you are telling a patient they have cancer you should prepare what you are going to say because you can’t miss anything out or say something wrong or it could put their lives in danger or cause them more emotional trauma. When it’s time for the next person to speak, usually the person lowers their voice, it’s important for all participants to recognise a pattern, such as making eye contact to the next speaker, this enables them to take turns talking instead of all talking at once. Informal and formal communication Informal and formal communication is additionally a kind of verbal communication however can also be done in verbally for instance by phone, email, letters etc. Informal communication could be a variety of communication we tend to use with those that are near us for instance family and friends. This kind of language isn't used......

Words: 8360 - Pages: 34