What is the major benefit of Breakeven Analysis?A.ABB.CDC.D.It allows you to know how much you have to sell to breakeven.It allows you to see the effect different methods of changing costs andprices of your products will have on profitability.It allows you to see what will happen if you lower fixed cost.It allows you to see what will happen if you increase variable cost.

Break-even analysis in economics, business, and cost accounting refers to the point at which total…

Answered: What is the major benefit of Breakeven…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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based on the attached what is the answer?
When performing sales mix analysis, which one of the :following is true .a .The sales mix is usually assumed to change .b Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point .C Making changes to the sales mix will likely cause no change in the breakeven point .d Normally the calculation of the breakeven point for multiproduct is much simpler than that for a single product .e Shifting the sales mix to the product with a lower contribution margin will likely increase the overall contribution margin أخل اختیاری
Describe a business you are familiar with or might start yourself. Name 2 fixed and 2 variable costs. Optional: How could you replace a variable cost with a fixed cost to increase operating leverage?
Give an example of how a manager can increase variable costs while decreasing fixed costs?
Among the best things to do to maintain firm value is to: a. Improve sales at all costs b. Spend as much as possible on public relations and marketing C. Economize on employee training programs d. In so far as possible, make costs reactive to sales e. Wait until the last moment to pay bills
The difference between the average customer’s willingness to pay and the total costs of a product is known as ______. When a company makes a profit, the difference between the price of the product and the cost of production is known as what? Value creation and value capture are key concepts for which parts of business? If a company innovates in a way that reduces its production costs without affecting any features of the product, would that create value? Suppose a price war was to erupt in the airline market, which causes prices for flights to decline, but affected nothing else about the industry. Would this change the value created by airlines? Suppose a price war was to erupt in the airline market, which causes prices for flights to decline, but affected nothing else about the industry. Would this change the value captured by airlines? Please solve all part and do not give solution in image format thanku
1. Which action would not lower a company's break-even point? O increase selling prices () reduce variable costs () decrease fixed costs ) sell more units O answer not given O O O OO
Give an example how a manager can increase variable cost while decreasing fixed costs
If a firm's marginal revenue is smaller than its marginal cost, then the firm should collect additional information before taking any action. increase output to increase profit. keep output the same decrease output to increase profit.
When performing sales mix analysis, which one of the following is true: O a. Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point O b. Normally the calculation of the breakeven point for multiproduct is much simpler than that for a single product. O c. The sales mix is usually assumed to change. O d. Making changes to the sales mix will likely cause no change in the breakeven point O e. Shifting the sales mix to the product with a lower contribution margin will likely increase the overall contribution margin DUS PAGE NEXT PAGE F8 F9 F10 F11 F4 F5 F6 F7 F1 F2 F3 * @ 2# % & 1 2 3 6 7 W E T Y F J K A 1. C {V }BYN í M 41 * N
sde • The most likely strategy to reduce the break-even point should be to 1. Increase fixed costs 2. Decrease selling price 3. Increase variable costs 4. Increase selling price O 1 O 2 O 3 O 4 Question 20 • In break-even analysis, which of the following is not an assumption over the relevant range 1. Unit selling price are constant 2. Unit variable costs are constant 3. Total costs are constant 4. Total fixed costs are constant O 1 O 2 O 3 04 MacBook Pro
How much leverage do you have in convincing the supplier to reduce costs when the supplier already knows they are guaranteed the business, and they have already sunk money into a fixed design and tooling for the product?

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