Break even point bep - Study guides, Class notes & Summaries

Discussion Questions: 1. Distinguish between design capacity and effective capacity. 2. What is utilization? 3. What is efficiency? 4. What is the theory of constraints? 5. Distinguish between bottleneck time and throughput time. 6. What are the 5 steps for managing constraints? 7. What is the objective of break-even analysis? Problems: 1. Marty McDonald has a business packaging software in Wisconsin. His annual fixed cost is $10,000, direct labor is $3.50 per package, and material i...

Marginal Cost Analysis: Theory: - Meaning of Marginal Costing, Use of Marginal Costing, Advantages of Marginal Costing, Meaning and Use of Break-Even Point, Advantages and Limitation of Break Even Point, Introduction of Various Concepts Like Contribution, Profit Volume Ratio, Fixed Costs, Margin of Safety. Practical Problems: Calculation of BEP in Units and Amount, Profit Volume Ratio, Margin of Safety, Fixed Cost, Sale, Profit, Variable Cost, Contribution

MAC REVISION STUDY PACK TOPIC 1: NATURE AND BEHAVIOUR OF COSTS (1) Manufacturing cost/ Production cost Manufacturing costs - costs incurred in the manufacturing process of a product.  Direct + Indirect cost = Manufacturing cost  Direct cost = Direct Material + Direct Labour  Total Direct cost = Prime cost  Conversion cost = Direct Labour + Manufacturing overheads  Indirect cost = Indirect material + Indirect Labour  Total Indirect cost = Overheads Direct cos...

providing short presentation/pdf of accounting for manager's on topic BEP (break even point). It is also the topic of class 11th & 12th economics.

4 SETS ACCT505 MIDTERM EXAM ALL AC505 Week 4 Midterm SET 1 QUESTION 1: Wages paid to a timekeeper in a factory are a: • Prime Cost YES.....Conversion Cost NO • Prime Cost YES.....Conversion Cost YES • Prime Cost NO....Conversion Cost NO • Prime Cost NO.....Conversion Cost YES QUESTION 2: A cost incurred in the past that is not relevant to any current decision is classified as a(n): • period cost. • opportunity cost. • sunk cost. • differential cost. QUESTION 3: In...