Buy custom 4 Planning & Budgeting 
    
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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 607 | 
                
    
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First, the contribution margin has changesd because there is a new variable cost to be added in: the compensation for the barber per cut of $6. Our new variable cost is now $0.40 + $6 = $6.40. Subtracted from our unit price of $12 gives a contribution margin of $5.60
unit sales price $ 12.00
- variable cost $ 6...
        
        
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Our new break-even point, using this method is 10,893 cuts.
fixed cost $ 61,000.00 = ($4/hr * 5 BARBERS * 40hrs/wk * 50wks/yr)
+ ($1750 monthly rent * 12 months)
/cont margin $ 5.60 from pt1 of q4
break even 10,892.86 = $61k / $5.60
        
        
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                                    4 Planning & Budgeting
                                    Compare and contrast the strategies of war planning and business planning. What internal (micro) and external (macro) environmental factors or forces are considered important for the success of planning in business and war?
                                    Contribution Margin and Breakeven Analysis
                                    Contribution Margin
                                    Fixed and Variable Cost
                                    Fixed vs. variable cost
                                    Identification and analysis Of Value Added And Non-Value Added Steps In Work Processes.
                                    Inncrease Profit Margin
                                    Planning and Budgeting
                                    Value Added Taxes
                                    Variable And Absorbtion Cost
                                    Variable or Fixed Cost
                                    Margin
                                    value added dealers (auto)
                                    Lab budgeting and cost accounting under DRGs
                            
                    
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