Let's say the following numbers are available after an analysis, what is the CTO? (contribution to overhead) Sales = $1.00 Variable costs = 0.8964 What is the CTO?This means the amount that can be applied.to overhead after all variable costs are paid. This was calculated as a % of sales. 7. Calculate breakeven point. Howmany units (dollars) of sales are needed to completely cover all costs? Breakeven =Fixed costs_Sales dollars) 1.0 Variable costs as a portion of net sales Breakeven =Fixed Costs.Selling price per unit - variable cost per unit Fixed costs are $1,149,722. CTO figure from above.Calculate the breakeven sales volume in dollarsWrite your answer here.(Sales units)

Breakeven Sales Volume (dollars)} = Fixed…

Answered: Let's say the following numbers are…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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is used to calculate the minimum level of output a business will need to produce and sell to cover its costs and to examine the impact that changes in costs, prices and sales could have on profits. O Total revenue 8 9 O Total cost Loss Break-even analysis-
here its the right answered please just provide me an explanation of how did you get this number with an calculation(24, 33, 33, 18, 10)
Successful extension strategies start well before the sales of a product go into decline.* True False Producer services are services for business customers, such as business banking, management consultancy and marketing research. True False Indirect costs or overheads are the day-to-day running costs of a business organization, including insurance charges, loan repayments, cleaning and office costs. Therefore, indirect costs are also very similar to variable costs. True False
Dr. Jones recently asked Lucy to develop a fee schedule for the office. Some physician practices bill at rates from 100% to 500% of Medicare. However, both percentages have disadvantages. Lucy must determine the best approach for the practice to ensure profitability. Select an appropriate percent, between 100% to 500%, that Lucy should use when setting the in-office fees. Explain why Lucy should choose this percentage. Explain how the conversion factor for the fee schedule is determined. Discuss two disadvantages of setting the office fee schedule at 100% or 500% of Medicare.
Which of the following are the basic requirements of any business? O a. Needs b. Pricing O C. Planning O d. Exchange
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19 - Which of the following is the problem of a firm's lack of performance standards? a) Performance results are mixed. B) It is difficult to determine the timing of the performance. NS) Performance criteria are compared. D) It remains unclear on what basis the performance will be evaluated. TO) The situation arises as to who will measure performance.
A colleague has made the following statements: In the long term most production overheads are variable Traditional absorption costing systems tend to give too much overhead cost to high volume products. Which statements are correct? a) Neither statement 1 nor statement 2 b) Only statement 1 c) Only statement 2 d) Both statements 1 and 2
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On December 31, 2019, the unadjusted trial balance of Tarzwell Services showed the following balances: Accounts receivable Allowance for doubtful accounts Sales $200,000 1,000 Cr. 700,000 The business has given up trying to collect $5,000 of its accounts receivable but has not yet recorded the write-off entry. The firm uses the allowance method to estimate bad-debt expense. Required a) Provide the entry for the write-off. b) If the firm uses the percent-of-sales allowance method for recording bad-debt expense, and has experienced an average 6% rate of non-collection based on sales, provide the entry to record bad-debt expense for 2019. c) Assume that after the firm recorded the $5,000 of write-offs, it determined that 18% of its remaining accounts receivable will be uncollectible under the aging method. Provide the entry to record bad-debt expense. Don't give answer in image format
A firm purchased raw materials and paid for them after 60 days. The raw materials were used to manufacture a finished good that was sold 30 days after the raw materials were purchased. The customer paid for the finished good 30 days later. What is the firm's cash conversion cycle? a. 120 days b. 30 days c. 0 days d. 60 days

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