When does it make sense to compute the contribution margin per unit of a particular resource in
Question:
When does it make sense to compute the contribution margin per unit of a particular resource in making short-term decisions?
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
When demand is high and a resource is in short supply Contribution margi...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Question Posted:
Students also viewed these Managerial Accounting questions
-
In general, when computing beta does it make sense to use the most data possible? For example, as General Electric Company (GE) has been a public company for more than 100 years, does it make sense...
-
Does it make sense to construct a contribution margin statement by customer? Why or why not? What kinds of decisions might such a statement facilitate?
-
Contribution margin, Break-even units, Break-even sales, Margin of Safety, degree of operating leverage : aldovar company produces a variety of chemicals. One division makes reagents for...
-
Operating Rules. Indicate whether the following statements are true or false. If the statement is false, explain why. a. Since most corporations make distributions only when they are profitable and...
-
Under cruising conditions the distributed load acting on the wing of a small airplane has the idealized variation shown in the figure. Calculate the shear force V and bending moment M at the inboard...
-
a. Obtain a value of the t statistic for the regression model of Exercise 11.86. Is there conclusive evidence that density is a predictor of sales? b. Calculate a 95% confidence interval for the true...
-
Water for a Pelton wheel turbine flows from the headwater and through the penstock as shown in Fig. P12.54. The effective friction factor for the penstock, control valves, and the like is 0.032 , and...
-
A severe winter ice storm has swept across North Carolina and Virginia followed by more than a foot of snow and frigid, single-digit temperatures. These weather conditions have resulted in numerous...
-
Write JavaScript codes for the following program: Declare 2 variables: FirstName and Last Name Get a first name and last name from user and put them in the respecting variables Concatenate the first...
-
The straight-line y = 2x 2 intersects the curve x 2 y = 5 at the points A and B. Given that A lies below the x-axis and the point P lies on AB such that AP: PB = 3: 1, find the coordinates of P.
-
Are sales promotion decisions typically responses to an excess supply situation or an excess demand situation?
-
What is the general rule for allocating a scarce resource to making multiple products?
-
Starting from rest, Megan zooms down a frictionless slide from an initial height of 4.0 m. Show that her speed at the bottom of the slide is 80 m/s, or 8.9 m/s.
-
4. [25 marks] Define the concept of 'tying'. Is tying a form of price discrimination? What are its welfare implications? Explain and illustrate your arguments with formal modelling and any relevant...
-
The population of a certain country since 1990 can be approximated by f(t)=0.008t^2 +2.1t + 175 where f(t) is the population in millions and t represents the number of years since 1990. Find the...
-
What are the two main groups in which economic transactions are presented? What the Capital and Financial accounts include? Does the sum of all entries in the BOP equal to zero? Why or why not?...
-
You borrow $ 2 , 0 0 0 fixed payment loan. What will be the fixed payment if you want to pay off the loan in 4 quarterly payments? The first quarters interest rate is 5 % , and it keeps on increasing...
-
Discuss the implications of principal forgiveness and debt restructuring for borrowers and lenders in distressed financial situations. How do creditors and debtors negotiate principal write-downs,...
-
Trussville Utilities uses the rates shown in Table 2 to compute the monthly cost of natural gas for residential customers. Write a piecewise definition for the cost of consuming x CCF of natural gas...
-
d) For die casting processes: 1. What are the most common metals processed using die casting and discuss why other metals are not commonly die casted? 2. Which die casting machines usually have a...
-
Go to the library and obtain the earnings per share for General Motors for the years 1979 through 1988. Use the data for earnings in 1979 through 1988 to obtain a forecasting equation.
-
A stockbroker advises a client to buy preferred stock with that type of stock, [you] will never have to worry about losing the dividends. Is the broker right?
-
Financial statement data for years ending December 31 for Jardine Company are shown below. a. Determine the earnings per share for 2012 and 2011.b. Does the change in the earnings per share from 2011...
-
Financial statement data for years ending December 31 for Duffner Company are shown below. a. Determine the earnings per share for 2012 and 2011.b. Does the change in the earnings per share from 2011...
-
3. Show that : -3t = y 3 sin(t) cos(t) + e is a solution to the differential equation y' + 3 y 10 sin(t)
-
The United States, Austrailia, Canada, and the United Kingdom cluster high on individualism but low on power distance on Hofstede\'s cutlutral graph. What does this mean to someone looking to market...
-
Mini-garden project Week one of the mini-garden project involved Sacha and her fellow pre-schoolers planting sunflower seeds into the outdoor garden bed. Each child in the activity has been assigned...
Study smarter with the SolutionInn App