Business, 08.01.2020 22:31 rostecorralmart

Lo 3.3explain how a manager can use cvp analysis to make decisions regarding changes in operations or pricing structure.

Answers: 3

Show answers

Answers

Manager can use CVP analysis to determine the break-even point, margin of safety, contribution per unit, level of sales to achieve a desired profit and the selling price at which a firm begins to make profit. CVP helps managers to analyse costs with a view to ensuring profitable operations.

Explanation:

Break-even point is the point at which total cost equals total revenue.

Margin of safety measures the level of reduction in sales before a firm starts experiencing loss.

Contribution per unit is the difference between selling price and unit variable cost.

CVP analysis helps to measure the relationship among cost, volume and profit.

Answer from: Quest

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Answer from: Quest

answer (b); /// a method of measuring the opinions of a large group of people by selecting a subset of the larger group, asking them a set of questions and then generalizing those responses;

Another question on Business

Business, 22.06.2019 01:00

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

Answers: 1

Answer

Business, 22.06.2019 06:20

At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58

Answers: 1

Answer

Business, 22.06.2019 12:10

Drag each label to the correct location on the image determine which actions by a manager are critical interactions - listening to complaints - interacting with customers - responding to complaints - assigning staff duties -taking action to address customer grievances -keeping track of reservations

Answers: 2

Answer

Business, 22.06.2019 12:50

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:

Answers: 2

Answer

You know the right answer?

Lo 3.3explain how a manager can use cvp analysis to make decisions regarding changes in operations o...

Questions