Write a one full page discussion on how the company you chose could use their break-even...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Write a one full page discussion on how the company you chose could use their break-even analysis to analyze their business and make improvements. a. You must use complete sentences and utilize correct grammar, spelling, and punctuation. This portion of your assignment will be graded by the School of Accountancy Writing GAS; they will use the rubric uploaded along with this case. Proper writing/ communication skills is one of the topmost requested skills by employers and stakeholders of our program. In the business world, being able to effectively communicate your work, analyses, and thoughts is key to being successful in your career. Requirement Requirement #1 - Company Name: History Course #2 - Revenue and Costs: 1. Main revenue: Tuition 2. Variable cost: Project Material 3. Variable cost: Enrollment Fees $600 per credit hour $80 per credit hour $20 Per credit hour a. Total Variable cost per credit hour: $100 4. Fixed cost: Professor Salary 5. Fixed cost: Classroom Rent $4,200 $800 a. Total Fixed Cost = $5,000 I Contribution Margin Per Credit Hour: $600 revenue per credit hour - $100 variable per credit hour = $500 per credit hour Break-even: $5,000 fixed / $500 contribution margin per credit hour = 10 credit hours to break-even Requirement #3 - Break-even Analysis: The break-even point for "History Course" is 10 credit hours. If the history course has a total fixed cost of $5,000 then it will take 10 credit hours for the history course to break-even. Write a one full page discussion on how the company you chose could use their break-even analysis to analyze their business and make improvements. a. You must use complete sentences and utilize correct grammar, spelling, and punctuation. This portion of your assignment will be graded by the School of Accountancy Writing GAS; they will use the rubric uploaded along with this case. Proper writing/ communication skills is one of the topmost requested skills by employers and stakeholders of our program. In the business world, being able to effectively communicate your work, analyses, and thoughts is key to being successful in your career. Requirement Requirement #1 - Company Name: History Course #2 - Revenue and Costs: 1. Main revenue: Tuition 2. Variable cost: Project Material 3. Variable cost: Enrollment Fees $600 per credit hour $80 per credit hour $20 Per credit hour a. Total Variable cost per credit hour: $100 4. Fixed cost: Professor Salary 5. Fixed cost: Classroom Rent $4,200 $800 a. Total Fixed Cost = $5,000 I Contribution Margin Per Credit Hour: $600 revenue per credit hour - $100 variable per credit hour = $500 per credit hour Break-even: $5,000 fixed / $500 contribution margin per credit hour = 10 credit hours to break-even Requirement #3 - Break-even Analysis: The break-even point for "History Course" is 10 credit hours. If the history course has a total fixed cost of $5,000 then it will take 10 credit hours for the history course to break-even.
Expert Answer:
Answer rating: 100% (QA)
Here is the breakeven analysis of History Course with detailed workings Revenue Tuition per credit h... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
Students also viewed these finance questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The site http://virtualpiano.net features an online player piano. If you click on the Key Assist menu just above the piano keyboard, and then Keyboard Keys, you will see that each key is labelled...
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
An automobile is traveling at 60.0 km/h. Its tires have a radius of 33.0 cm. (a) Find the angular speed of the tires (in rad/s). (b) Find the angular displacement of the tires in 30.0 s. (c) Find the...
-
Two cables exert forces on the pipe. Determine the magnitude of the projected components of F1 along the line of action ofF2. F; = 25 lb 60 60 30 30 F, = 30 Ib
-
Guided reflection IMPORTANT: REMEMBER IN YOUR REFLECTION TO DISCUSS BOTH THE INDUSTRY EXPERT PANEL AND THE INFORMATIONAL INTERVIEW (1st-year finance student at uni, wanting to work in the finance...
-
The stress-strain diagram for a material can be approximated by the two line segments. If a bar having a diameter of \(80 \mathrm{~mm}\) and length of \(1.5 \mathrm{~m}\) is made from this material,...
-
The accounts listed below appeared in the December 31 trial balance of the Savard Theater. Instructions(a) From the account balances listed above and the information given below, prepare the annual...
-
Sheffield Corp. uses the percentage-of-receivables basis to record bad debt expense. Accounts receivable (ending balance) Allowance for doubtful accounts (unadjusted) $612,000 (debit) 4,500 (debit)...
-
We left Lou for a few weeks and despite his best intentions, he has not been staying on top of his bookkeeping. With the new apartment complex account, business is booming. Probably. Maybe? It's hard...
-
Watch the video Analysis about Family Planning as a Strong Investment for the Indian Culture: With appropriate psychological references, explore how the activity in the video impacts the illustrated...
-
What kept you from keeping inventory at the same level for all rounds? Based on your experience with the game, would the bullwhip effect be greater at the factory or retailer? If you experienced a...
-
What was your example of innovation success? What were the reasons given for success? What was your example of innovation failure? What were the reasons given for failure? Which of these reasons...
-
What is a project risk? What strategies do project managers use to assess, monitor, and communicate project risks to stakeholders? Your initial response should contain at least 200 words and be...
-
According to Dr. Harold Kerzner, the "investment lifecycle" of a project has stages of Initiation, Execution, and Commercialization. What happens during the Commercialization stage ... (why is this...
-
What strategies can be implemented to resolve conflicts and resistance to change in the workplace?
-
You are a consultant hired to head up operations the Toronto Pearson International Airport. As airports operates with standardized processes and high security, you job is to manage a highly secured,...
-
Fill in each blank so that the resulting statement is true. 83 + 103 = ______ .
-
Meyers Business Systems has two million shares of stock outstanding. It also has two convertible bond issues outstanding with terms as follows: The issue with the 9 percent coupon rate was first sold...
-
Elgin Restaurant Supplies is analyzing the purchase of manufacturing equipment that will cost $20,000. The annual cash inflows are as follows. Year ..............Cash flow 1 ..................$10,000...
-
Mo's Delicious Burgers Inc. sells food to university cafeterias for $15 a box. The fixed costs of this operation are $80,000, while the variable cost per box is $10. a. What is the break-even point...
-
Copper is deposited at a cathode from solution with a bulk concentration of \(0.5 \mathrm{M}\) at the rate of \(3.0 \mathrm{~g} / \mathrm{m}^{2} \cdot \mathrm{s}\). Find the surface concentration of...
-
Find the mobility of \(\mathrm{H}^{+}, \mathrm{OH}^{-}\), and other ions from the diffusivity data given in Table 22.1. Table 22.1. Diffusion coefficients of ions in water at 25 C. H+ Na+ K+ Ca+ OH-...
-
Consider an uncharged membrane of thickness \(100 \mu \mathrm{m}\) with concentrations of \(1 \mathrm{M} \mathrm{HCl}\) on one side and \(0.1 \mathrm{M} \mathrm{HCl}\) on the other side. Assume that...
Study smarter with the SolutionInn App