Breakeven analysis is a method used to determine the value of a given input variable (e.g. volume, costs, price) that is required to achieve some minimum desired profit. For instance, a lab may run breakeven analysis to see how many tests it has to run to fully cover its fixed and variable costs. True False

Answers

Answer 1

The statement that states "Breakeven analysis is a method used to determine the value of a given input variable (e.g. volume, costs, price) that is required to achieve some minimum desired profit" is true.

A break-even analysis is a process that businesses use to identify a level of operations that covers their costs.

It is a cost-volume-profit (CVP) analysis tool that determines the point where the sales revenue equals the total costs and expenses of a business.

It is also known as the breakeven point, the point where total revenue equals total expenses.

The breakeven analysis is an important technique for businesses to make informed decisions about pricing, profitability, and the risk associated with the costs and revenues of a product.

Therefore, the lab may run a breakeven analysis to determine the volume of tests that it must run to achieve a minimum desired profit that will cover its fixed and variable costs.

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Related Questions

Which position in a business manages cash and cash equivalents?


-financial accountant
-controller
-cost accountant
-treasurer

Answers

Answer:

Financial Accountant

Explanation:

9. Suppose the principal of a public school re-
quired all students to recite a prayer at the start
of each school day. What level of government
(federal, state, or local) would most likely deter-
mine whether or not the principal's action was
constitutional?

Answers

Answer: Federal government

Explanation:

Based on the scenario in the question, the federal government would most likely determine whether or not the principal's action was constitutional.

This is a national issue and shouldn't be left in the hands of the local or state government. It should be noted that in 1962, school sponsored prayer in the public schools was banned by the United States Supreme Court, on the basis that the First Amendment was being violated.

The court later ruled that students can meet and then pray on their respective school grounds so far it's done privately and no one is forced.

Hence, the federal government would most likely determine whether or not the principal's action was constitutional.

The ability to organize and evaluate what you watch, hear, and read is known as

Answers

Answer:

critical thinking skills

Explanation:

the definition is this word

the liquid that pass through the filter is know as

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Answer:

FILTRATE is the fluid that passes through a filter paper

RESIDUE is the left-over substances on the filter paper

FEED is the liquid poured on to the filter paper

It’s a filtrate

The clear liquid which passes through the filter paper is called the filtrate

The Break-Even Point in your business is when


your company has repaid all of its debt

your company has exceeded its start up expectations

your company makes enough in revenue regularly to cover its expenses

your company repays all of the start up cost funding

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Answer: In this letter you want to make sure that you are being clear and concise, so as to avoid any confusion about what your relationship will be in the future (ended). This means that you want to avoid any potential legal liability, and explain yourself in order to show that you are being fair and reasonable in your request.

Explanation:

Select the best alternative for the following questions:
i. Which of the following transactions are not recorded in book keeping?
a) Sold Goods on Credit.
b)
Introduce capital in the business.
c) Resignation of marketing manager.
d) Drawing cash from business for personal use.
..​

Answers

Answer:

c. the resignation

Explanation:

this would not affect the bottom line of the company and is therefore irrelevant

The correct answer is c

1. Give the three (3)
business resources​

Answers

Answer:

Financial Resources

Human Resources

Educational Resources

Explanation:

What type of industry would Tim Hortons and McDonalds be classified as?

Answers

they would be classified as restaurants

Stear Corp. decides to deposit $1,000 in its bank account. This cash was paid from the cash register of the company. What will be the entry made by the accountant in the company’s journal?
A.
Cash in Bank Account (debit) 1,000 Cash Account (credit) 1,000
B.
Cash Account (debit) 1,000 Cash in Bank Account (credit) 1,000
C.
Cash in Bank Account (debit) 1,000 Register Account (credit) 1,000
D.
Deposit Account (debit) 1,000 Cash Account (credit) 1,000

Answers

Answer:

Cash Account (debit) 1,000

Cash in Bank Account (Credit) 1,000

Explanation:

Given

[tex]Amount = \$1,000[/tex]

Required

Write a journal entry

In this case:

The company deposits $1000.

This means that, $1000 will be debited from the company's cash account.

So, the entry for that will be:

Cash Account (debit) 1,000

In the same vein, $1000 will be credited into the company's bank account.

So, the entry for that will be:

Cash in Bank Account (Credit) 1,000

Answer:

A

Explanation:

When a site is unsafe, it means a. Your personal information may be used in ways you do not want c. Permission to use that site at school is always allowed b. That site is okay to visit often d. All of the above Please select the best answer from the choices provided A B C D

Answers

Answer:A, Your personal information may be used in ways you do not want

Explanation:

If it is a unsafe site than there for your personal information can go places you do not want them to.

When a site is unsafe, it means your personal information may be used in ways you do not want. Thus, option 'A' is the correct option.

What does it mean when a website is unsafe?

External connections to websites with phishing, malware, or unwanted software are known as unsafe domains. Phishing is when a website imitates another one in an effort to fool visitors into divulging personal or financial information. When you visit an insecure website, you run the risk of having your personal information compromised and/or having malicious malware installed on your system.

Additionally, you can fall prey to a phishing attack, or someone else might watch your activity or use your resources for their own gain. If the content you're seeking to view is harmful or misleading, a warning will appear. These websites are frequently referred to as phishing or virus sites. If you clicked on a phishing link, the first thing you should do is immediately unplug your device from the internet.

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The employees of xitrex, inc., are paid each friday. the company's fiscal year-end is june 30, which falls on a wednesday for the current year. salaries and wages are earned evenly throughout the five-day work week, and $11,000 will be paid on friday, july 2.

Answers

Answer and Explanation:

The Journal entries are shown below:-

1. Debit side is not given on 30th June. So, no journal entry will made.

2. Salaries and wages expenses Dr, $6,600  ($11,000 × 3 ÷ 5)

          To Salaries and wages payable $6,600

(Being accrued wages and salaries is recorded)

Here the salaries and wages expense is debited as it increased the expenses and credited the salaries and wages payable as it also increased the liabilities

The ______is a financial statement detailing a firm's assets, liabilities, and owners' equity.
A. balance sheet
B. statement of cash flows
C. manufacturing statement
D. income statement

Answers

I had this question before, the answer I got correct is D

The income statement is a financial statement detailing a firm's assets, liabilities, and owner's equity. Thus, option 'D' is the correct option.

What is an income statement?

One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period. It describes the process through which revenues are converted into net income or net profit.

A period of time is represented by an income statement (as does the cash flow statement). The balance sheet, on the other hand, only depicts one point in time. There are two ways to create an income statement. The Single Step Income Statement calculates the net income by adding up all receipts and deducting all costs.

In order to get at the net income, the Multi-Step income statement makes a number of calculations, beginning with the gross profit and moving on to operational expenditure estimation. then, after taking the gross profit into account, you get income from operations.

Therefore, option 'D' (income statement) is the correct option.

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What is the difference between a salary and an hourly wage?​

Answers

Answer:

Explanation:

A salary stays the same amount no matter how many hours you work. An hourly wage, you get paid for each hour you work; you get payed on WHAT you work.

which savings account will earn you the most money

A: One that compounds interest monthly
B: One that earns simple interest monthly
C: One that compounds interest daily
D: One that earns simple interest daily ​

Answers

B hope this helps with your test

In which way are competitors stakeholders in a business?
A. They invest in competition
B. Competitors need to provide services
C. Competitors will want to position itself competitively
D. They enjoy learning about the competition

Answers

Answer:

B

Explanation:

l think so if u get it wrong and am sorry

What is the advantage of developing criteria for assessing the effectiveness of business products and processes?
A. Assessment criteria are answers.
B. Assessment criteria are inexpensive.
C. Assessment criteria provide you with a list of relevant things to measure.
D. Assessment criteria provide you with a list of people to contact to learn more about process mentoring.

Answers

Answer:

.Assessment criteria provide you with a list of relevant things to measure.

Explanation:

Assessment criteria provides a list by which one can measure success or failure of a business products and processes.

Answer:

c

Explanation:

How many Tim Hortons franchises are there? (franchises not including franchisees)

Answers

4,932 worldwide franchises

which of the following is a material used for salad making and dessert that need great care to ensure long shelf life?

A. glass
B. aluminium
C. cast iron
D. stainless steel ​

Answers

Answer:

I thoughts B becaisedvfdhjdshjhh

Waylon is back-to-school shopping with his mom at a large department store. He’s picked out the following items: 3 pair of pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1 hoodie for $26, 1 pair of shoes for $37. When they get to the register, they see this sign:

Answers

Answer: uhhhh

Explanation:

Answer: Waylon's Purchase will cost $198.05, and section B depends.

Explanation: Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.

Sam has take-home pay every month of $800. He anticipates that his expenses will add up to $675 for the month. In a zero-based budget, why is it important that she put the extra $125 in SOME budget category?

Answers

Answer:

see below

Explanation:

The Zero-based budgeting technique assumes there will be no balance bought forward nor balance carried forward. Budget preparation for a particular period must start from zero or scratch. Each expense must be on merit. Income and expenses must match.  In the zero-based budget, the difference between income and expenditure must be zero.

If Sam has an income of $800 and expenses of $675, she has to re-work her costs again to ensure they match her income. The zero-based budget demands she draws her expenses list again and comes up with a way of spending the $125 difference.

Match the financial statement with its description. To match them, click the Description and then click the Financial Report Name

Answers

Answer:

a-3 / b-2 / c-4 / d-1

Explanation:

Notes to financial statements: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.

The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.

Report of independent registered public accounting firm: Attests to the fairness of the presentation of the financial statements.

is a process designed to provide reasonable assurance regarding the reliability of financial reporting.

Management's discussion and analysis of financial condition and results of operations (MD&A): Is written by the company to help investors understand the results of operations and the financial condition of the company.

Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations

Financial statements: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.

are reports prepared by a company's management to present the financial performance and position at a point in time.

Financial statements refer to how company communicates their finance. The financial statement that reflects a company’s profitability is hereby given below.

Financial statements in sheets

The various accounting activities that precedes financial statements are hereby matched below:

A. Statement of retained earnings or owner's equity

Include information of owner's retained earnings and dividends.

B. Income statement - Revenues

Shows revenues and expenses over a period of time.

C. Statement of cash flow

shows money moving in and out, categorized by operations, investing and finance

D. Balance Sheet

A snapshot of a company's assets, liabilities and equity at a specific moment in time.

Therefore, the answers are Statement of retained earnings or owner's equity, Income statement - Revenues, Statement of cash flow, Balance Sheet respectively.

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How are technology and technical profession related

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Without technology there would be no technical profession because technology is what technical profession is based off of

Which of the following is the best definition of marketing?
All advertising done by a business
O Establishing a target market and maintaining it
O Thinking about what kinds of promotions a business should create
All methods of reaching and attracting potential customers

Answers

Answer: Marketing is an organizational function and a set of business activities designed to make profits.

Explanation:

Answer:

All methods of reaching and attracting potential customers.

Explanation:

This is because marketing is the practice of getting customers.

Research some examples of organizations that experienced bad publicity and how they dealt with it. Write a paper detailing your findings.

Answers

Answer:

did you finish it cuase i got the same one

Explanation:

Admit the error, apologize, and present a solution if you or your company is receiving negative press as a result of anything you did incorrectly. Negative publicity won't disappear if you ignore it.

What do you mean by Negative publicity?

When damaging material is revealed, negative PR or publicity can take many different forms in company and can impact everything from sales to your reputation.

Various forms of unfavorable PR for your company could include: negative coverage of your business in the media, online, in publications, or on television.

In particular, we contend that by raising product awareness, unfavorable publicity might boost sales and purchase likelihood.

Negative publicity should therefore affect products differently depending on whether they are recognized or unknown. This viewpoint is supported by three investigations.

Your brand's reputation can be severely damaged in a matter of minutes by false information, negative reviews, and nasty social media remarks. Even worse, rumors spread swiftly and negatively impact the reputation of your company.

Negative publicity can have a significant impact on how potential customers see your brand. When customers publicly disparage a company, product, or service, this is known as bad publicity.

Bad publicity includes posting or publishing negative evaluations on websites, review pages, and social media accounts.

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The role of the Federal Reserve Board of Governors is to:
A. loan money to multinational corporations.
B. set discount rates and reserve requirements.
O c. enforce monetary policy on Federal Reserve banks.
O D. establish new Federal Reserve districts.

Answers

The role of the Federal Reserve Board of Governors is to enforce monetary policy on Federal Reserve banks. Hence, Option C is correct.

What is monetary policy?

In macroeconomics, there is a policy whose duty is to make sure that policies that are made by the  Board of Governors have been applied to all the central banks. This policy is known as monetary policy, which manages the flow or supply of money to all the banks.

This policy also manages the interest rate. Just like other policies, monetary policy also has some tools, With the help of these tools, it is easy to manage the policy. Tools are named as operations for the open market, requirements of the reserve, and lastly rate of discount.

Therefore, Option C is correct.

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Lydia is preparing financial statements for her company Who would be interested in the information provided in these financial statements? Financial statements are of prime importance to____, who will use the information to buy or sell stocks of the company. These statements are also inspected by____to look into any irregularities or fraud in the book of accounts.

Answers

Answer:

Lydia is preparing financial statements for her company Who would be interested in the information provided in these financial statements? Financial statements are of prime importance to Investors  who will use the information to buy or sell stocks of the company. These statements are also inspected by an auditor to look into any irregularities or fraud in the book of accounts.

Explanation:

Investors

Investors are individuals or firms who offer capital to a business in exchange for a share in ownership and profits. They are external users of financial statements. Investors use financial statements to know what returns to expect from their investments. Existing and potential investors rely on financial reports to decide on whether to buy or sell their shares.

Auditor

An auditor is a skilled individual authorized to assess, evaluate, and validate financial statements' accuracy as prepared by a company.  The auditor reviews and gives a professional and independent opinion on the company's financial affairs.

Why are personal care aides expected to be paid so little in spite of being in such great demand?

Answers

Answer: Because they were the least educated, (something to do with that).

Explanation:

What percent of the federal budget was spent on education in 2019?

Answers

Answer:

The President requests $59.9 billion in discretionary appropriations for the Department of Education in fiscal year 2019, an $8 billion or 12 percent reduction below the 2018 annualized Continuing Resolution (CR) level.

Does anyone know what the definition of expanding manufacturing is?

Answers

Definition - To make your business grown larger or faster by diversifying your current product line

Hope this help :)

What are the 4 steps to branding

Answers

Answer:

Here are four steps to building a successful brand.

1 Define how you want to be perceived. When your customers have finished using your product or service, how do you want them to describe their experience? ...

2 Organize your business based on this promise. ...

3 Communicate your promise. ...

4 Be consistent.

Explanation:

Other Questions
PLease please help if you know the answer 100% Choose the correct word or phrase to complete each sentence.The was the turning point in the war astronauts lose muscle mass (atrophy) while they are in space. researchers measured the maximum force of an isometric contraction before and after several months in space. which of these experiments used isometric contractions? group of answer choices lifting a load that is light enough to move lifting a load that is too heavy to move Capstone 1-3: VISION STATEMENT Assignment: In this assignment we will develop a vision for your company. We assume that your team is about to have a meeting to agree upon a vision for your company. This assignment is pre-work for that meeting As an individual (not a team), prepare a vision statement for your company. The statement should present as accurate a picture as possible for your company at the end of the simulation eight years from now. It is not important that the statement read well - that is, we are not looking for something like a polished public relations statement. A list of bullets might be best, so long as it provides clarity to all team members. It is also appropriate to say what you will not be. Here are some questions you can reflect upon to bring your vision into focus. 1. By segment, how many products will appear in the segment? 2. What will our capacity and automation levels be in each segment? 3. How much money will we have invested by the last round? 4. What will our financial structure look like? The financial structure is everything on the right hand side of the balance sheet Fundamentally, it summarizes how much of the assets were funded by debt holders and equity holders. You can get the financial structure you have today by looking at your "Annual Report". On the right hand side of the Balance Sheet, you will see your financial structure in percentages. To determine what sort of structure you want, you can ask several simple questions a. What mix of long term debt, stock issues, and retained profits do we need to grow the company? b. Do we want to keep profits or pay them out as dividends? c. Do we want to pay off our debt to avoid interest payments? d. How would we express these in percentages?. For example, 5% Accounts Payable. 0% Short Debt, 35% Long Debt, 20% Stock, 40% Retained Earnings. 5. Are we biased towards cost leadership or differentiation? No matter what the expected interaction, length of stay, ornovelty of culture, international employee preparation shouldalways include: Learners can research for the information to identify anysecurity attack on healthcare information and describe the defencemechanisms deployed to revive the information (500 words) In the electrolysis of molten mixture of NaCl and CaBr2, what is the product that forms at the anode and the cathode? 1. Me and my friends and family didn't settle in one spot. Unlike most other native tribes, we continued to hunt and gather out food and moved around all over southern Florida. We liked to stay close to lakes and pick fruits and berries. We also liked to fish with nets. We even hunted Manatees! Can you believe that? Although we didn't care much for settling in one spot, one of our favorite places to be was Lake Okeechobee. Probably because there was always so much good hunting and fishing there, so we never went hungry. Thanks to the shells we left laying around as well as some of the things we made like canoes, bowls, and masks, scientists have been able to learn a lot about our way of life. Which Tribe Am I a Member Of? which relationship-based cause is most likely to result in a patient lacking progress toward goals? the nurse is overinvolved. transference has occurred. the nurse is underinvolved. countertransference has occurred. Calculate K for the dissolution of oxygen from the atmosphere (P O 2 = 0.21 atm) into a lake under winter (3 C) and summer (28 C) conditions. The reaction can be represented as: O2 (g)O2 (aq) What is the equilibrium concentration of dissolved O2 in mg/L under each condition? Pls I need help Look at the image. There are more answers then only 1 On January 1, 2020, Platz Inc. Issued $700,000 of 7 percent, five-year bonds payable at 108. Platz has extra cash and wishes to retire all of the bonds payable on January 1, 2021, immediately after making the second semi-annual interest payment. Platz uses the straight-line method of amortization. To retirethe bonds, Platz pays the market price of 97.a. What is Platz's carrying amount of the bonds payable on the retirement date?b. How much cash must Platz pay to retire the bonds payable?c. Compute Plat's gain or loss on the retirement of the bonds payablo. Benis a project manager for an airplane component project. Ben'sproject requires involvement from many different units from bothinternal and external organization. In a previous similar project,th I need opinions- on someone describe how you feel as an American learning about the Soviet Union putting Sputnik into orbit? Show how each of the following transactions affect (increases/decreases/no impact) on M1 and M2 (excluding M1 components).(a) You withdraw $100 from your checking account via an ATM.(b) You deposited $250 cash in your savings account.(c) You sell Apple stocks and deposit the money in your checking account. Mr. Torres interacts positively with his students. Which statement describes the BEST evidence to support this? The coefficient of x^5y^3 in the expansion of (x+4y)^8 is In a production budget, the volume of production is the first thing to calculate, but deducting the estimated units in beginning inventory and adding the desired units in ending inventory seems opposite. Can you explain in your own words so that we can all understand better? Turkey Trot allocates overhead based on machine hours. Selected data for the most recent year follow Estimated manufacturing overhead cost $235,500 Actual manufacturing overhead cost $244.300Estimated machine hours 21,000Actual machine hours 22.800The estimates were made as of the beginning of the year, while the actual results were for the entire year. The amount of manufacturing overhead allocated for the year based on machine hours would have been? (Round intermediary calculations to the nearest care and final answer to the nearest dollar) a cubical surface with no charge enclosed and with sides 2.0 m long is oriented with the right and left faces perpendicular to a uniform electric field of magnitude 1.6 x 105 n/c. the net electric flux through this surface is approximately:group of answer choices25 x 105 nm2/cnone of the other answers is correct13 x 105 nm2/c06.4 x 105 nm2/c