presentation on Business Law - 1037 Words

PRESENTATION ON MANAGERIAL ACCOUNT BY ID-1406065 ID- 1406067 ID- 1406071 ID- 1406073 ID- 1406079 Dobojit Chakama Md. Shahadat Hossain Md Saiful Islam Md Mustafizur Rahman A B M Khaled Haider 1 Assignment †¢ Memofax, Inc., produces memory enhancement kits for fax machines. Sales have been very erratic, with some months showing a profit and some months showing a loss. The company’s contribution format: †¢ Income statement for the most recent month is given below: ï  ¶ Sales (13,500 units at $20 per unit) . . . .... $270,000 ï  ¶ Variable expenses . . . . . . . . . . . . . . . . . . . . 189,000 ï  ¶ Contribution margin . . . . . . . . . . . . . . . . . . . 81,000 ï  ¶ Fixed expenses . . . . . . . . . . . . . . . . . . . . . †¦ 90,000 ï  ¶ Net operating†¦show more content†¦What will the new contribution format income statement look like if these changes are adopted? Solution 3. Sales (27,000 units Ãâ€" $18 per unit*)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Less variable expenses $486,000 378,000 (27,000 units Ãâ€" $14 per unit)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ *$20 – ($20 Ãâ€" 0.10) = $18 Contribution margin†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Less fixed expenses ($90,000 + $35,000)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Net operating loss†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 125,000 $(17,000) 108,000 9 Requirement- 4: Refer to the original data. The company’s advertising agency thinks that a new package would help sales. The new package being proposed would increase packaging costs by $0.60 per unit. Assuming no other changes, how many units would have to be sold each month to earn a profit of $4,500? Solution Sales $ 20Q $5.40Q Q Q = = = = = Variable expenses + Fixed expenses + Profits $14.60Q* + $90,000 + $4,500 $94,500 $94,500 à · $5.40 per unit 17,500 units *$14.00 + $0.60 = $14.60. 10 Alternative Solution : Unit sales to attain Fixed expenses + Target profit = target profit CM per unit = $90,000 + $4,500 $5.40 per unit** = 17,500 units ** $6.00 - $0.60 = $5.40. 11 Requirement- 5: Refer to the original data. By automating, the company could slash its variable expenses in half. However, fixed costs would increase by $118,000 per month. a. Compute the new CM ratio and the new break-even both units and dollars. point in Solution: The new CM ratio would be: 12 The new break-even point would be : Break-even pointShow MoreRelatedA Reflective Report of Group Oral Presntation1557 Words   |  7 PagesTO: ROSIE WATSON SUBJECT: BUSINESS LAW TOPIC: WHAT IS ADR AND HOW DOES IT IMPROVE ACCESS TO THE LOGAL SYSTEM DATE: 02nd May 2012 INTRODUCTION In this report I will be reflecting on the group’s oral presentation a on a topic in Business law, â€Å"What is ADR (Alternative Dispute Resolution) and How Does in Improve Access to Justice†. 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