Demonstrate the impact of changing cost and revenue data on the breakeven point of a selected business Essay Example

Demonstrate the impact of changing cost and revenue data on the breakeven point of a selected business Essay Example Demonstrate the impact of changing cost and revenue data on the breakeven point of a selected business Essay Demonstrate the impact of changing cost and revenue data on the breakeven point of a selected business Essay Breakeven analysis can also be used to show how risky a business might be if the revenues or costs are not as originally predicted. Mia has considered a range of alternative scenarios where the cost and revenue are different to her original figures. Changes in fixed costs No of Customers Fixed costs Variable Costs Total Costs Revenue Profit/ Loss 0 1350 0 1350 0 (1350) 2000 1350 3000 4350 6000 1650 4000 1350 6000 7350 12000 4650 6000 1350 9000 10350 18000 7650 8000 1350 12000 13350 24000 10650 10000 1350 15000 16350 30000 13650 12000 1350 18000 19350 36000 16650 14000 1350 21000 22350 42000 19650 16000 1350 24000 25350 48000 22650 18000 1350 27000 28350 54000 25650 In the table above I can see the fixed costs have increased to 1,350. The fixed costs in the original sheet were 1,200. The differences between the two sums are à ¯Ã‚ ¿Ã‚ ½150. The Variable costs stay the same in the two sheets, but the total costs are different. In the original sheet the total cost of 2000 customers is à ¯Ã‚ ¿Ã‚ ½4200, but in this sheet the total is à ¯Ã‚ ¿Ã‚ ½4350. The revenue stays the same for both sheets but the last column (profit/loss) will change. On the original sheet the profit/ loss for 6000 customers is 7800, whereas this sheet is 7650. The break even formula is Fixed cost (Selling price- Variable costs per unit) 1350 - à ¯Ã‚ ¿Ã‚ ½3.00 à ¯Ã‚ ¿Ã‚ ½1.50 = à ¯Ã‚ ¿Ã‚ ½1.50 The breakeven point is à ¯Ã‚ ¿Ã‚ ½900 No of Customers Fixed costs Variable Costs Total Costs Revenue Profit/ Loss 0 1125 0 1125 0 (1125) 2000 1125 3000 4125 6000 1875 4000 1125 6000 7125 12000 4875 6000 1125 9000 10125 18000 7875 8000 1125 12000 13125 24000 10875 10000 1125 15000 16125 30000 13875 12000 1125 18000 19125 36000 16875 14000 1125 21000 22125 42000 19875 16000 1125 24000 25125 48000 22875 18000 1125 27000 28125 54000 25875 In the table above I can see the fixed cost have decreased to à ¯Ã‚ ¿Ã‚ ½1125 per month, in the original sheet it was à ¯Ã‚ ¿Ã‚ ½1200 pounds and has decreased by à ¯Ã‚ ¿Ã‚ ½75. The variable costs and the revenue are the same as originally predicted but the total cost and the profit/ loss has changed a lot. The total cost on the original sheet for 16000 customers was 25200 and the total cost for 16000 customers when the fixed cost is 1125 is 24000 pounds. The profit/ loss for the original, is for 8000 customers the profit is 10800 and for my new table my profit/ loss for 8000 customers is 10875. The break even calculation is: 1125 à ¯Ã‚ ¿Ã‚ ½3.00 à ¯Ã‚ ¿Ã‚ ½1.50= à ¯Ã‚ ¿Ã‚ ½1.50 The break even point is à ¯Ã‚ ¿Ã‚ ½750 No of Customers Fixed costs Variable Costs à ¯Ã‚ ¿Ã‚ ½1.75 Total Costs Revenue Profit/ Loss 0 1200 0 1200 0 (1200) 2000 1200 3500 4700 6000 1300 4000 1200 7000 8200 12000 3800 6000 1200 10500 11700 18000 6300 8000 1200 14000 15200 24000 8800 10000 1200 17500 18700 30000 11300 12000 1200 21000 22200 36000 13800 14000 1200 24500 25700 42000 16300 16000 1200 28000 29200 48000 18800 18000 1200 31500 32700 54000 21300 Changes In variable costs In the graph above the variable costs have increased to à ¯Ã‚ ¿Ã‚ ½1.75, in the original table the variable cost was à ¯Ã‚ ¿Ã‚ ½1.50. The fixed cost and the revenue is the same as the original, but the total cost and profit/ loss is different. In the original table the total cost for 18000 customers was 28200 and the total cost in the table above for 18000 customers is 32700. There is a big difference in the table above compared to the original. 1200 à ¯Ã‚ ¿Ã‚ ½3.00- à ¯Ã‚ ¿Ã‚ ½1.75= à ¯Ã‚ ¿Ã‚ ½1.25 The break even point is à ¯Ã‚ ¿Ã‚ ½960 No of Customers Fixed costs Variable Costs à ¯Ã‚ ¿Ã‚ ½1.75 Total Costs Revenue Profit/ Loss 0 1200 0 1200 0 (1200) 2000 1200 3500 4700 6000 1300 4000 1200 7000 8200 12000 3800 6000 1200 10500 11700 18000 6300 8000 1200 14000 15200 24000 8800 10000 1200 17500 18700 30000 11300 12000 1200 21000 22200 36000 13800 14000 1200 24500 25700 42000 16300 16000 1200 28000 29200 48000 18800 18000 1200 31500 32700 54000 21300 No of Customers Fixed costs Variable Costs à ¯Ã‚ ¿Ã‚ ½1.40 Total Costs Revenue Profit/ Loss 0 1200 0 1200 0 (1200) 2000 1200 2800 4000 6000 2000 4000 1200 5600 6800 12000 5200 6000 1200 8400 9600 18000 8400 8000 1200 11200 12400 24000 11600 10000 1200 14000 15200 30000 14800 12000 1200 16800 18000 36000 18000 14000 1200 19600 20800 42000 21200 16000 1200 22400 23600 48000 24400 18000 1200 25200 26400 54000 27600 In the table above the fixed cost is the same as the original, but the variable cost has decreased to à ¯Ã‚ ¿Ã‚ ½1.40. The revenue is the same as original but the total costs and profit/ loss is different. On the original sheet the total cost for 6000 customers is à ¯Ã‚ ¿Ã‚ ½10200 and in the table above at 6000 customers the total cost is 9600. So the difference between the two is 600. The profit/ loss on the original sheet are lower than the table above because on the original sheet at 10000 customers the profit/ loss are 13800, and on the table above the profit/ loss are at 14800. So the difference is 1000. 1200 - à ¯Ã‚ ¿Ã‚ ½3.00- à ¯Ã‚ ¿Ã‚ ½1.40= à ¯Ã‚ ¿Ã‚ ½1.60 So the breakeven point is 750. Changes in Revenue No of Customers Fixed costs Variable Costs Total Costs Revenue à ¯Ã‚ ¿Ã‚ ½3.50 Profit/ Loss 0 1200 0 1200 0 (1200) 2000 1200 3000 4200 7000 2800 4000 1200 6000 7200 14000 6800 6000 1200 9000 10200 21000 10800 8000 1200 12000 13200 28000 14800 10000 1200 15000 16200 35000 18800 12000 1200 18000 19200 42000 22800 14000 1200 21000 22200 49000 26800 16000 1200 24000 25200 56000 30800 18000 1200 27000 28200 63000 34800 The table above shows a change in the revenue. The original revenue was à ¯Ã‚ ¿Ã‚ ½3.00, but the table above is à ¯Ã‚ ¿Ã‚ ½3.50. The fixed and variable costs are the same as the original, but the Revenue is different. The profit/ loss are different because in the original table at 14000 customers the profit/ loss are 19800 and in the table above the profit/ loss for 14000 customers are 26800. 1200 - à ¯Ã‚ ¿Ã‚ ½3.50- à ¯Ã‚ ¿Ã‚ ½1.50= à ¯Ã‚ ¿Ã‚ ½2.00 The breakeven point is à ¯Ã‚ ¿Ã‚ ½600 No of Customers Fixed costs Variable Costs Total Costs Revenue à ¯Ã‚ ¿Ã‚ ½2.70 Profit/ Loss 0 1200 0 1200 0 (1200) 2000 1200 3000 4200 5400 1200 4000 1200 6000 7200 10800 3600 6000 1200 9000 10200 16200 6000 8000 1200 12000 13200 21600 8400 10000 1200 15000 16200 27000 10800 12000 1200 18000 19200 32400 13200 14000 1200 21000 22200 37800 15600 16000 1200 24000 25200 43200 18000 18000 1200 27000 28200 48600 20400 The table above has a revenue of à ¯Ã‚ ¿Ã‚ ½2.70. The fixed and variable costs are the same as the original table. The revenue is different so at 8000 customers the original the revenue is 24000, and on the table above at 8000 customers the revenue is 21600.

Ornitholestes - Facts and Figures

Ornitholestes - Facts and Figures Name: Ornitholestes (Greek for bird robber); pronounced OR-nith-oh-LEST-eez Habitat: Forests of western North America Historical Period: Late Jurassic (155-145 million years ago) Size and Weight: About 5 feet long and 25 pounds Diet: Meat Distinguishing Characteristics: Slender build; long hind legs About Ornitholestes Discovered in 1903, Ornitholestes was given its name (Greek for bird robber) by the famous naturalist Henry F. Osborn before paleontologists had grappled with the evolutionary origin of birds. Its certainly possible that this slender theropod preyed on the proto-birds of the late Jurassic period, but since birds didnt really come into their own until the late Cretaceous, its more likely that Ornitholestes feasted on small lizards and the carrion left over by larger carnivores. Whatever the case, theres not much fossil evidence to support either supposition: unlike the situation with its close cousins Coelophysis and Compsognathus, remains of Ornitholestes are few and far between, necessitating a large amount of guesswork. Ornitholestes reputation as a bird-eater has much in common with Oviraptors reputation as an egg-stealer: these were inferences drawn on the basis of insufficient knowledge (and in the case of Ornitholestes, the myth was perpetuated by a famous painting by Charles R. Knight depicting this dinosaur preparing to eat a captured Archaeopteryx). Theres still a lot of speculation about Ornitholestes: one paleontologist suggests that this dinosaur snatched fish out of lakes and rivers, another maintains that (if Ornitholestes had hunted in packs) it might have been capable of taking down plant-eating dinosaurs as big as Camptosaurus, and yet a third believes that Ornitholestes may have hunted by night, in a deliberate attempt to avoid (and outfox) its fellow theropod Coelurus.

Project Management Essay Example | Topics and Well Written Essays - 2000 words - 7

Project Management - Essay Example However, one has to consider that this figure would be changed by U.S. figures after product launch, if that is still on the agenda. Since we have no cost figures, this question really cannot be answered in concrete terms with any semblance of accuracy. However, certain less tangible benefits are certainly present. The company has a great deal to learn from closely examining the whole process of development of this project. I would certainly recommend that a thorough post-mortem be done using a group created for that purpose composed of a team of experts in all phases of pharmaceutical project development, and that post-mortem be used to examine the current cancer drug development process for parallel problems before releasing that drug, even though there would be definite differences concerning the fault tolerance, since the purpose of this drug is to cure disease, a considerably higher level of need than mere pain relief. One should remember that while the end may justify the means, the opposite is also true. When the end does not carry a high level of justification, perhaps the means would be more carefully sc rutinized. The desired end in both projects, and all others in the industry is when all is said and done, profit. In order for any pharmaceutical to be profitable, the revenue must outweigh the cost of development and there is no evidence that this is yet so for Painfree. The Painfree Project suffered from several major problems caused by not following the best practices in project management. 1The best practices for project management require that careful planning be done and documented from the beginning, and one person should be responsible for overseeing and managing communications and documentation. The aims and scope of the project should be clearly outlined and all phases must be monitored by some individual or group responsible to corporate and not

Reflection Essay Example | Topics and Well Written Essays - 250 words - 52

Reflection - Essay Example In this regard, the vocabulary learning process becomes easy for scholars. Memorizing vocabulary words is another way of ensuring students learns the English language with ease. According to Echevarria and   Graves (2003), the strategy utilizes memory power in intellectual development. Additionally, the strategy enables students utilize their short-term and long-term memory and attain higher mental power. Mnemonic methods are appropriate in case some students fail to memorize vocabulary words and their meanings. Sheltered instruction concept helps English language learners to practice English skills. The practice of the skills acquired in English lessons makes the students relate the English language with other disciplines of study. In this regard, the students appreciate the English language and the vocabulary used. The teachers are able to accommodate the English language learners through introduction of new concepts into their learning lives. According to Echevarria and   Graves (2003), sheltered instruction creates diversity in the learning process. As a result, students develop their knowledge and skills on a wide array of subjects. The sheltered instruction strategy incorporates all skills of learning, including reading, writing, speaking, and listening. Grammar and vocabulary are also involved in the sheltered instruction learning. Video use is also indispensable in the learning process. It promotes recall of ideas and concepts, and betters students’ inception through teamwo rk and teacher

Biography and Work of Guy de Maupassant Essay -- Guy de Maupassant bio

Biography and Work of Guy de Maupassant Guy de Maupassant is acknowledged through the world as one of the masters of the short story; Guy de Maupassant was also the author of a collection of poetry, a volume of plays, three travel journals, six novels, and many chronicles. He produced some three hundred short stories in the single decade from 1880 to 1890; a period during which he produced most of his other works. Five of his six novels were published during the second half of the decade. â€Å"His short fiction has been compared to that of Ivan Turgenev, Anton Chekhov, Edgar Allan Poe, and Henry James.† (Encyclopedia Britanica 1012) Maupassant took as his primary goal the realistic portrayal of everyday life. He wrote about what he knew best, and that is as a peasant of his native home of Normandy, the war of 1870, the lives of government employees and Parisian high society, and his own fears and hallucinations. â€Å"His short stories were seen as masterpieces of economy, clarity, and classical in their formal simplicity, uncommonly varied in their theme was and keenly evocative in their descriptions.† (Marx 303) Guy de Maupassant is otherwise known as Henri Rene Albert, Joseph Prunier, Guy de Valmont, or even Maufrigneuese. He was born on August 5, 1850, in Chateau de Miromesnil, near tourville-sur Argues, Normandy, France. Maupassant, the first child of Laure Le Poittevin and Gustave de Maupassant. Records show a discrepancy as to his birthplace, some scholars maintain it was Decamp, but the official view, supported by his birth certificate, is that he first saw the light of day at the Chateau de Miromesnil. Maupassant died on July 6, 1893, of complications resulting from syphilis, in a sanitarium in Paris. He attend... ... 2000. . 8. Maupassant, Guy de. Nineteenth-Century Literature Criticism. Detroit, Washington, D.C.: Vol.42, Gale Research Inc. 9. Maupassant, Guy de. Short Story Criticism. Detroit, Michigan. Vol. 1, Book Tower. 10. Maupassant, Guy de. The Best Short Stories. Cumberland House, Crib Street, Ware, Hertford shire Wordsworth Editions Limited 1997. 11. "Guy de Maupassant." The Gale Group. Vol. 5, 2 February 1992. 31 OCT. 2000. . 12. Maupassant, Guy de. The Necklace and other Short Stories. Minela, N.Y.: Dover Publications, Inc. 1992. 13. Steegmuller, Francis. "An Overview of the Necklace" The Gale Group. Vol. 1, 1949. 31 OCT. 2000. . 14. Smith, Christopher. "The Necklace: Overview." The Gale Group. Vol. 1, 1994. 31 OCT. 2000. 15. Wallace, Albert H. "Guy de Maupassant: Overview." The Gale Group. Vol.2,1995. 31 OCT. 2000. ,

A Composition of My Mother Essay

I am a country girl, and my mother is a country woman. She and my father are both junior-middle school graduates. Partly because of this, I, as their only daughter, bear their high expectations of me becoming a university graduate. Besides, I think their big hopes on me also come from some historical reasons our neighbor, my grandpa’s younger brother’s family, have been mean to us. The second family in our neighborhood to build a two-story brick house, they are far better off than us, and most importantly, they have a university-graduated son so, that’s why I must try to bring credit for my family and make them regret having despised us. Where there is high expectation, there is strictness. I have been obedient since in elementary school. At home, I was obedient to my parents and at school to my teacher. At first, I did well in both Chinese and math, among which my Chinese was better, and this was where the tragedy lay. Besides the homework given by my teachers, there was a great amount of math exercise having asterisk, namely difficult and not required, given by my mother, which she picked from my coach book. Apart from this, I had to practice handwriting for 2 pages on schooldays and 5 on holidays under my mother’s supervision. All those composed my miserable childhood no playing, no joy, only homework, homework and homework. However, my mother’s efforts didn’t work on me, on the contrary, my math was getting worse and my handwriting was neither neat nor beautiful, because every time I just try hard to finish all the endless homework as quickly as I could, pursuing speed but not quality, so that I could have some poor little time to watch cartoons. At that time, I had a strong adoration for music, especially for singing. Both my music teacher and my head teacher in elementary school thought that I had gift in singing, and whenever there were occasions needing performance like Children’s Day, National Day etc. and singing contexts at school or in the community, they offered me the chance to show my talent. And I often lived up to their expectations, winning many prizes in singing. That has been a most glorious period in my school life. Whereas, good times don’t last long. My mother considered my singing a waste of my precious learning time, so she ordered me not to take part in those meaningless things and concentrate on my study. I obeyed and quitted. Now, I am scared of gong KTV and being asked to sing, because after so many years, my talent has abandoned me. For those aforementioned aspects, I hated my mother, because she stripped me of my childhood joy and my singing talent. Although I hated her for those things, I know she loves me and I also love her. The economic condition of my family is bad, as both my parents are peasants and my grandparents were in bad health condition. Diligent and thrifty, my mother is the one in my family to make budget. Even though we lead a hard life, as for expenses on my schooling, such as buying learning materials, coach books, my mother never hesitates for a second to give me the money. Besides, as long as I am studying, even if reading a novel, in no case would my mother ever ask me to do any housework or work in the fields. I know, though she never said, that’s because she, believing deeply that knowledge can change one’s destiny, wanted me to acquire as much as knowledge so as to live a happy and easy life in future, rather than repeat her life, all year round working hard in the field while getting little in return. Though she resorted to some inappropriate ways in educating me, it was out of good intention and out of love. In a word, mother’s love is like the sun’s warmth, while daughter is just like grass, such unselfish and devoted kindness, how can grass repay?

Negotiations in an Organizational Culture - 1556 Words

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There is almost every time a certain uniform aspect that comes out of an individuals which can be utilized to draw certain inferences. For instance, it can be inferred if the person is dominant or submissive, aggressive or polite etc. There are several methods to assess personalities. Three of the most widely used methods are the Personality Inventories, Project Test and Assessment Centers. In negotiation this rule is of immense significance. It is at the very core of theShow MoreRelatedLearning About Human Behavior And Organizational Culture, Motivation, Managing Conflict, And Negotiation1242 Words   |  5 Pagesand written laws? The topics I will focus on are organizational culture, team culture, motivation, managing conflict, and negotiations. These are a few key topics that stood out to me and I will utilize the knowledge gained in my future endeavors. It seems organizational culture is a key component when a person decides to start a business. 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