Description
Hi Robert - Please see the question attached. Thanks for providing top notch quality work. This is where we come up with specifics of the new and used car dealer, automotive parts and service business we're creating.
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Explanation & Answer
Good luck in your study and if you need any further help in your assignments, please let me know Can you please confirm if you have received the work? Once again, thanks for allowing me to help you R Message to studypool, no outline is needed as it is analysis
For the Period:
Selling Price (P):
Break-Even Units (X):
Break-Even Sales (S):
Jan 1, 2017-Jun 30, 2017
12
100
1188,118812
[42]
Fixed Costs
Advertising
Accounting, Legal
Depreciation
Interest Expense
Insurance
Manufacturing
Payroll
Rent
Supplies
Taxes (real estate, etc.)
Utilities
Other (specify)
Total Fixed Costs (TFC)
1000
1000
Variable Costs
Variables Costs based on Dollar Amount per Unit
Cost of Goods Sold
1 per unit
Direct Labor
per unit
Overhead
per unit
Other (specify)
per unit
Sum:
1
Variables Costs based on Percentage
Commissions
0,075 per unit
Other (specify)
per unit
Sum:
0,075
Total Variable Cost per Unit (V)
1,9
Contribution Margin per unit (CM) = P - V
10,1
Contribution Margin Ratio (CMR) = 1 - V / P = CM / P
0,841666667
Break-Even Point
Break-Even Units (X)
Break-Even Sales (S)
X = TFC / (P - V)
S = X * P = TFC / CMR
Targeted Net Income
Targeted Net Income Before Taxes (NIBT)
Units required to reach targeted NIBT, X = (TFC + NIBT) / (P-V)
Sales required to reach targeted NIBT, S = (TFC + NIBT) / CMR
Rate of return on sales before taxes = NIBT / S
100
1188,118812
0
100
1188,118812
0
Tax Rate (T)
Net Income After Taxes (NIAT) = (1-T)*NIBT
Rate of return on sales after taxes = NIAT / S
0,25
0
0
EVENT PLANNING AND MANAGEMENT SYSTEM
Name
Institution
Course
Date
Abstract
This project is about organizing an annual conference to market an online Event
Planning and Management System. It consists of the current background of the problems we
face while planning for upcoming events and how planners can tackle these matters through
this proposed system. It also entails building a fully functional system that would help
achieve a well-organized, timely and within the budget event.
The planner requires to signup if he/she is not a registered user of the system. The
organizer then receives a text message with the credentials he/ she will use to log in. After
logging in, the planner selects whatever event is relevant to him/her, for example, a wedding,
a funeral, etc. After selecting the event he/ she is then directed to pages of shops or suppliers
who offer the items or services required where he will have to choose which item goes to his
online basket. Here, the cart refers to an online electronic basket where users’ selected item
details to get recorded.
Finally, the system calculates the cost of items or services in the cart and sends the
planner a text message on his or her mobile phone of the amount he/she should budget. The
organizer also monitors his goods and services online and if the need arises makes necessary
follow-ups. Before the items or services get delivered, the organizers pay via mobile money
transfer or through banking. These funds transfer is for the obvious security reasons. By
doing so, the planner will not have to move around from one shop to another shopping for
desired items for example suites or even comparing their prices hence save on a lot of
resources such as time and money.
Table of Contents
Abstract ...................................................................................................................................... 2
Problem Statement ..................................................................................................................... 3
Purpose of the Research Project ................................................................................................ 5
General Purposes ................................................................................................................. 5
Specific Purposes .................................................................................................................. 5
Justification .......................................................................................................................... 5
Scope/ Limitations ............................................................................................................ 6
Background of the Study ................................................................................................. 6
Previous works done ........................................................................................................ 7
Project Schedule ............................................................................................................... 8
Activity table and deliverables ........................................................................................ 9
List of Resources...................................................................................................................... 10
Choice of development tools with justification ............................................................ 10
How proposed solution aims to solve the currently existing problems ..................... 11
Conclusion ............................................................................................................................... 12
References ................................................................................................................................ 13
Problem Statement
Event planning is an uphill task to many people. As much as one would wish to have
a perfect occasion, several factors that are likely to hamper the process of event planning.
One of these factors include; might be Shrinky budgets. Anyone dreaming of a successful
event should allocate adequate funds to have it sail through, but with the tough economic
...