Monday, February 17, 2020

Unit Contribution Margin Essay Example | Topics and Well Written Essays - 500 words

Unit Contribution Margin - Essay Example At break-even point, the Cost-Volume-Profit analysis equation is reduced to: PX = xv + FC Where p is the price per unit, x is the number of units, v is the variable cost per unit, and total fixed cost is FC. Solving the equation for Break-even sales units Break-even Sales Units = x = FC à · ( p − v ) Since unit contribution margin (Unit CM) is equal to unit sale price (p) less unit variable cost (v) thus, Unit CM = p − v Hence, Break-even Sales Units = x = FC à · Unit CM Break-even Sales Dollars = Price per Unit Ãâ€" Break-even Sales Units ; or What is contribution margin ratio and when is it most useful? The contribution margin ratio is the measure of sales, facility returns or selling price that residues after all variable costs and variable costs have been enclosed. Contribution margin ratio= (Sales-variables) / sales Contribution margin ratio plays a key role in; †¢ Determining the profits that will rise from several sales levels †¢ Assessing the influenc e on earnings of changes in sales. In particular, it can be used to estimation the decline in profits if sales drop, and so is an standard tool in the making of budgets. How is the breakeven equation modified to take into account the sales required to earn a target profit?

Monday, February 3, 2020

Communication in the work place Research Paper Example | Topics and Well Written Essays - 2000 words

Communication in the work place - Research Paper Example In this paper, we will discuss interpersonal communication in the workplace settings. We will also develop strategies for active listening, critical listening, and empathic listening. Along with that, we will also discuss the impact of gender and culture on interpersonal communication and will explain the principles and misconceptions related to effective workplace communication. Interpersonal Communication Interpersonal workplace communication is a form of communication, which takes place between two or more individuals in any workplace setting. Interpersonal communication is basically the exchange of information, expressions, and symbols between people. Interpersonal communication depends on the type of relationships and the level of understanding that exists between the individuals. For example, interpersonal communication taking place between a person and his or her family members will be different from the interpersonal communication that takes place between an employee of a com pany and the manager or boss of that company. Level of understanding between the individuals is the key towards effective interpersonal communication. Less understanding results into ineffective communication whereas good understanding and patience result into effective and result-oriented communication. Therefore, we can say that interpersonal communication has a deep association with the level of understanding and the nature of relationships that exists between people. Interpersonal Communication in the Workplace Environment Interpersonal workplace communication is different from normal interpersonal communication. In workplace settings,