Are there cases where going above an industry benchmark percent for an expense is ok
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3.Are there cases where going above an industry benchmark percent for an expense is ok? When?
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- A product at the Jennings Company enjoyed reasonable sales volumes, but its contributions to profits were disappointing. Last year, 17,500 units were produced and sold. The selling price is $22 per unit, the variable cost is $18 per unit, and the fixed cost is $80,000.a. What is the break-even quantity for this product? Use both graphic and algebraic approaches to get your answer.b. If sales were not expected to increase, by how much would Jennings have to reduce their variable cost to break even?c. Jennings believes that a $1 reduction in price will increase sales by 50 percent. Is this enough for Jennings to break even? If not, by how much would sales have to increase?d. Jennings is considering ways to either stimulate sales volume or decrease variable cost. Management believes that either sales can be increased by 30 percent or that variable cost can be reduced to 85 percent of its current level. Which alternative leads to higher contributions to profits, assuming that each is…What problems arise from the use of out-of-date technology? Why is the FAA relying on ancient hardware and software? Why will it take several years to convert to new hardware and software? What prob- lems are the controllers likely to encounter in the conversion process? What options are available to the FAA? Hint: Do some additional research. As a governmental agency, costs and funding are an important issue. Are there ways to minimize the issues with cost? Write a report to management that describes the primary cause of the problems, a de- tailed plan to solve them, and show how the plan solves the problems and describe any other benefits it will provide.What is Yield Management Systems?
- One subunit of Snow Sports Company had the following financial results last month: 1(Click the icon to view the financial results.) Read the requirements2. Requirement 1. Complete the performance evaluation report for this subunit. Enter the variance percent as a percentage of the budgeted amount rounded to two places. (Enter a variance for each account as a positive number, and select whether the variance is favorable [F] or unfavorable [U]. For any zero variances, enter a 0 in the variance column and then leave the F or U box blank. Enter the variance percent as a percentage rounded to two decimal places, X.XX%.) Actual Flexible Flexible Budget Snow - Subunit X Results Budget Variance (F or U) Direct Materials $29,000 $27,200 (1) U Direct Labor 13,700 14,200 (2) F Indirect Labor 26,200 22,900 (3) U Utilities 12,400 11,300 (4) U Depreciation 26,000 26,000…Absenteeism, unmet targets, are signs of,poor operational and strategic decisions. Is this TRUE or FALSE?please give answers all part i need all Exercises Carla Vista Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,960 units Sales price $60 per unit Variable costs $42 per unit Fixed costs $26,640 What is the contribution margin ratio? Contribution margin ratio % What is the break-even point in dollars? Break-even point $ What is the margin of safety in dollars and as a ratio? Margin of safety $ Margin of safety ratio % If the company wishes to increase its total dollar contribution margin by 30% in 2020, by how much will it need to increase its sales if selling price per unit, variable price per unit and total fixed costs remain constant? Total increase in sales required: $
- TRADEKINGS is a soft drink manufacturer in Zambia. Although it has a commanding share of the soft drink market in Zambia, it is facing increasing competition from a soft drink known as Atia from Kenya and the Coca-Cola line of soft drinks. Required: Use a Product Portfolio (SWOT) Analysis to: Identify the opportunity OR threat to the Identify the company’s strength OR weakness of the company Recommend an appropriate strategyDetail explanation is required: Core competencies are the skills and abilities developed within an organisation with which competitive advantage can be created and maintained. True or false?1. Reflections on any topics covered in the Acitivity based costing system that interests you the most. Why was it interesting and what did you learn from it? 2. Reflections on what you learned from the individual assignment, including the relevance of Activity based costing system to businesses. What insights did you gain and what had you learnt from it? 3. Reflections on your overall research experience from the individual assignment(e.g. looking for journal articles, reading and reviewing the literature etc.)What was enjoyable, what was difficult, and any challenges you experienced?
- When should the CAE report to the management if the preliminary risk assessment finds control weakness? 1. promptly 2. Through meetings and reports after the end of the fieldwork"Home loan clients taking strain as average instalment rockets by 38% in a year, says Absa". Accreditation 07 May 2023 By Londiwe Buthelezi News 24 Based on the above headline, explain factors that would need to be considered in evaluating applications for Real Estate Loans / Home Loans.1. What problems arise from the use of out-of-date technology?2. Why is the FAA relying on ancient hardware and software?3. Why will it take several years to convert to new hardware and software? What problems are the controllers likely to encounter in the conversion process?4. What options are available to the FAA? Hint: Do some additional research.5. As a governmental agency, costs and funding are an important issue. Are there ways to minimize the issues with cost?6. Write a report to management that describes the primary cause of the problems, a detailed plan to solve them, and show how the plan solves the problems and describe any other benefits it will provide.