Make a list of all of the equipment you will need to make your product. Estimate the cost of each piece of equipment that you will need.
Answer to relevant QuestionsMake a list of all other expenses that would be needed to create your product. Examples of other expenses would be rent, utilities, and insurance. Estimate the cost of each of these expenses per year. How realistic is your potential venture? Do you think you would be able to break even in each of the projected five years? How risky is your venture (use the margin of safety to help answer this question). Do you think your ...What conditions must be met for cost-volume-profit analysis to be accurate? Kay has an etail poster business. Suppose Kay expects to sell 1,000 posters. Her average sales price per poster is $30 and her average cost per poster is $24. Her fixed expenses total $3,600. Compute her margin of safety a. ...Vair’s Steel Parts produces parts for the automobile industry. The company has monthly fixed expenses of $600,000 and a contribution margin of 80% of revenues. Requirements 1. Compute Vair’s Steel Parts’ monthly ...
Post your question