Discuss the importance of calculating Break-even point for any organization

Q: Discuss some specific examples in which information systems can reduce time lags and how the firm is…

A: Information system is a type of program or software which helps a firm in organising and analysing…

Q: discuss some specific examples in which information system can reduce time lags and how the firm is…

A: There is one specific example of an information system that is helpful to reduce time lags is the…

Q: A performance measurement tool that integrates an organization’s financial and non-financial…

A: Zero-based budgeting - This means making a budget from scratch. The company starts the budget with…

Q: How do you make a decision in case of special order? Explain. Use examples if required.

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: Explain what you understand by Budgets, Fixed budgets and Flexible budgets in the context of control…

A: Organizations produce budgets for a variety of purposes, including cost control, performance…

Q: The company's break-even point in terms of

A: Break-even point It is point where company recovers its cost by selling specific number of units of…

Q: Discuss how break even analysis can aid management in decision-making.

A: Break-even analysis is a quantitative approach used by management and analysts to determine the…

Q: “The difference between practical capacity and master-budget capacity utilization is the best…

A: Practical Capacity:Companies adjust the theoretical capacity based on the potential disruptions like…

Q: computed in requirements 1 and 2. Was the new service a success from an overall cost-control…

A: It is  important to understand the reason of variance and the nature of various that will affect…

Q: The following are advantages of budgeting, except Allocates resources of the company Define goals…

A: Lets understand the meaning and advantage of budgets. Budget is a estimation of income and…

Q: Presentation on : Breakeven point and its importance in business

A: Breakeven point and its importance in business.

Q: 4. What is a Break-even Point and why do managers calculate it?

A: Generally, The Break-even point is where there is no Preofir and No loss.  At this point, companies…

Q: explain how return on investment might lead a divisional manager to reject new investments

A: Return on investment (ROI):   This financial ratio evaluates how efficiently the assets are used in…

Q: What is a possible break-even analysis scenario in the resturant industry?

A: Break-Even Point (BEP)- The calculation of Break-even is a common business practice to be informed…

Q: Explain the Role of absorption costing to improve organisational performance

A: Absorption costing means absorption of all cost of company. It allocates fixed overhead cost to the…

Q: The Zero Base Budget (ZBB) is the budget system that most influences resource allocation management…

A: SOLUTION EXPLANATION IN TRADITIONAL BUDGETING , THE TOP MANAGEMENT TAKES THE DECISIONS REGARDING ANT…

Q: How can a company with multiple products compute its breakeven point?

A: Break-even is a point of sales where revenue generated is equal to the total costs. Break-even point…

Q: Information technology has made it easier for managers to perform all of the following tasks except…

A: Budgetary slack refers to conscious estimation of budgeted revenue by under valuation or over…

Q: All of the following statements regarding standards are accurate except: a. Standards allow…

A: Standards: Standards are the planned level of output for a particular period of time decided at the…

Q: Which of the following is not a benefit of budgeting? a. It sets some standards to evaluate…

A: Budgeting is the activity of planning of costs and expenses for an entity. It is one of the most…

Q: 1. Explain the concept of responsibility accounting and its relation with budgeting.

A: Hello. Since your question has multiple parts, we will solve first question for you. If you want…

Q: 1) Explain how standard costs are established? How do managers evaluate performance using cost…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Management practice where only significant variances in each area of operation are given significant…

A: Variances are the difference between the standard and actual performance. Management need to give…

Q: How flexible budget through performance reporting is help for the management in determination of…

A: Budgeting refers to preparation of  estimated financial data using the past records. Flexible budget…

Q: Which of the following is not a characteristic of a lean accounting system? Multiple Cholce Costs in…

A: lean accounting is the collection of principal and the process that provides the numerical feedback…

Q: The purpose of a flexible budget is: a) To cap discretionary expenditure b) To produce a revised…

A: Flexible budget: A flexible budget is a budget that adjusts to the activity or volume levels of a…

Q: identification of an outdated piece of equipment that caused high production costs, the effects of…

A: Managerial Accounting :        This branch of accounting is used for decision making at the…

Q: question  Explain how to calculate the break-even point for a multiproduct enterprise

A: The break-even point is a point at which the company is in a position of no profit & no loss. In…

Q: A difference between standard costs used for cost control and budgeted costs       Can exist because…

A: Standard costs refer to the concept of determining the expenses actually incurred while processing a…

Q: Describe dropping unprofitable products or segments.

A: Dropping unprofitable products or segments means discontinue a particular product or segment which…

Q: What is the company's break-even point,

A: Break-even point is that point where profit or loss of the company is zero which means that the…

Q: Which of the following is not a benefit of a static budget performance report? O A. It is useful in…

A: A static budget report  is used to find sales and variable costs  over a period of time  and analyze…

Q: Which one of the following is NOT a budgetary benefit? It establishes the organization's goal. It…

A: Budgeting is a written plan covering projected activities of a firm for a defined period of time…

Q: Discuss how an emphasis on financial performance of cost centers, as measured by traditional cost…

A: Cost Accounting System:   Cost accounting system can be defined as a framework designed by the…

Q: Define the term budgetary slack, and briefly describe a problem it can cause.

A:

Q: ou are developing schedule estimates (and costs). Why should you document assumptions and not just…

A: As per protocol we are supposed to answer one full question but you have asked three questions under…

Q: How can an organization help to reduce the problems caused by budgetary slack?

A: Definition: Budgetary slack: The manager intentionally creates a slack into the budget as to avoid…

Q: The fact that your organization underapplies or overapplies overhead is an indication of a problem…

A: Overapplied overhead seems to be the inverse of underapplied overhead. Overapplied overhead happens…

Q: “Performance reports based on controllability are impossible. Nobody really controls anything in an…

A: Controllability principle is defined as the stipulation, which used to evaluate the manage on the…

Q: Are these all true? need it asap TIA. The objective of setting a transfer price is to…

A: The objective of setting a transfer price is to motivate managers to behave in a manner that will…