answersLogoWhite

0

What else can I help you with?

Continue Learning about Accounting

Importance of cost volume profit analysis?

Importance of Cost Volume Profit (CVP) Analysis:The most profitable combination of variable cost, fixed cost, selling price and sales volume can be found with the help of cost volume profit analysis. If fixed costs can be reduced by a greater amount, the profits can sometimes be increased by reducing the contribution margin.More commonly, however, we have seen that the way to improve profits is to increase the total contribution margin figure, Sometimes this can be done by reducing the fixed costs (such as advertising) and thereby increasing volume; and some times it can be done by trading off variable and fixed costs with appropriate changes in volume. Many other combinations of factors are possible.The size of the unit contribution margin (and the size of the contribution margin ratio - CM ratio) is very important. For example, the greater the unit contribution margin, the greater is the amount that a company will be willing to spend to increase unit sales. This explains in part why companies with high unit contribution margin (such as auto manufacturers) advertise so heavily, while companies with low unit contribution margin (such as dishware manufacturers) tend to spend much less for advertising.In short, the effect on the contribution margin holds the key to many decision.


Are seen as liabilities in India?

Daughters


Explain the reasons of the popularity of double entry system?

Double entry system owes its origin to an Italian merchant named Luco Pacioli who wrote the first book entitled 'Depository Computies et Scrituris' on double entry accounting in the year 1494. We have seen earlier that every business transaction has two aspects, i.e., when we receive something we give something we give something else in return. For example, when we purchase goods for cash, we receive goods and give cash in return; similarly in a credit sale of goods, goods are given to the customer and the customer becomes debtor for the amount of goods sold to him. This method of writing every transaction in two accounts is known as Double Entry System of Accounting.


When did earned income tax credit start?

It was enacted in 1975, but has seen many revisions over the years.


What does semimonthly payroll period mean?

2 set pay days per month , typically seen as the 1st and 15th.

Related Questions

What is the ability to move the hand precisely in relation to what is seen?

The ability to move the hand precisely in relation to what is seen is HAND-EYE COORDINATION.


Why was the Church and victory a marvel?

The Church and victory were considered a marvel due to their ability to unite people under a common cause and provide a sense of hope and purpose. They inspired individuals to come together, overcome obstacles, and achieve extraordinary results, which were seen as miraculous and awe-inspiring. Additionally, the Church's spiritual guidance and the concept of divine intervention in victory were often viewed as signs of higher power at work.


What did the goddess of victory carry?

Nike was seen to be carrying a wreath of the works of Hermes.


Where can you catch a deino in Pokemon Black?

at victory road (note:it's rarely seen there)


Who is Jordan garland?

A skateboarder from Detroit Michigan. Can be seen in many videos across the web. With growing popularity.


Who else loves this awesome app?

The popularity of an awesome app can be seen at the Play Store based on the number of views.


What is car visibility?

How far you can see or ability to be seen by others.


What is the significance of the verse where Jesus preached to the dead?

The significance of the verse where Jesus preached to the dead is that it is believed to show his power over death and his ability to offer salvation to all, even those who have died. This event is seen as a demonstration of Jesus' victory over sin and death, and his ability to bring hope and redemption to all people, both living and dead.


Where do you find TM dark pulce in Pokemon platnim?

It is in Victory Road after you've seen the three boulders


If Aaron Rodgers helps lead the Packers to a victory tonight will he finally be able to be seen as a star QB?

no.


Is homeschool children growing?

Yes. Homeschool is growing significantly in popularity and has seen an increase every year in recent years.


What does the passive continental margin have that the active margin does not?

Subduction. A subduction trench.