As the marketing manager for a mobile phone company explain how CVP analysis could be useful in
Question:
As the marketing manager for a mobile phone company explain how CVP analysis could be useful in determining the best mix of price, volume, sales mix and advertising.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 41% (12 reviews)
Starting from the initial mix of price volume sales mix and advertising CVP analysis could be used t...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
Question Posted:
Students also viewed these Business questions
-
Imagine you are the manager of a hotel. What are some of the fixed, variable and mixed costs of running the hotel and how could you use CVP relationships for profit planning?
-
During October, Hair Styles Pty Ltd experiences the following transactions in establishing a petty cash fund. Oct. 1 A petty cash fund is established with a cheque for $130 issued to the petty cash...
-
Assume you are marketing manager for SJM Ltd in exercise 11.14, and the accountant explains that when the actual results were compared with budget results he found a favourable sales price variance,...
-
Prepare an Orientation Plan for the select position utilizing the theories discussed in the text. Discuss appropriate and effective orientation plans and your decision-making process for selecting a...
-
Beta Products is planning to add another warehouse. Ten products from the entire line are to be stored in the new warehouse. These products will be the A and B items. All C items are to be served out...
-
In Exercises 6780, begin by graphing the square root function, f(x) = x. Then use transformations of this graph to graph the given function. g(x) = 2x + 1
-
3.9
-
The equity categories for Swire Pacific Limited are illustrated in Exhibit 13-9, on page 801. Using the information in the exhibit, answer the following questions: 1. Recall that the primary purpose...
-
The unearned rent account has a balance of 50,562 if 4,078 of the 50,562 is unearned at the end of the accounting period the amount of the adjusting entry is
-
1. How important are store locations in Food Citys overall retailing strategy? Explain your answer. 2. Enumerate several criteria that Food City should consider when choosing a new location to open a...
-
The ownermanager of a small business enterprise was heard to make the following remark: Break-even analysis has little relevance for my business. I am not in business to break even, but to make...
-
Break-even analysis is all right if you have a one-product business, but it falls down badly if you want to derive a break-even point for several products. Discuss this statement.
-
Identify each transaction in E2-9 as financing, investing, or operating.
-
Find the expected value of buying the extended warranty. The expected value of buying the extended warranty is . A new flat - screen TV comes with a 1 - year warranty wh ich completely covers any...
-
An Olympic runner is coming to visit your school. You have been told that a world class race has two stages. In the first stage, the runner accelerates at a constant rate until he reaches maximum...
-
Question 3(15 marks) An investor holds 100,000 units of a bond whose features per bond are summarized in the following table. She wishes to be hedged against a rise in interest rates. Maturity Coupon...
-
12. In a professional cycling race, competitors (the "peloton") begin the race by riding 45.0 km north, then the road turns west by 37 for the next 50.0 km, before turning due west for the final 35.0...
-
Whateva Ltd uses a flexible budget and standard costs to aid planning and control of its machining manufacturing operations. The costing system for manufacturing has two direct cost categories...
-
Percentage of scores less than 115 IQ Scores. For Exercises, sketch the normal distribution of IQ scores, which has a mean of 100 and a standard deviation of 15, then shade the described area. Use...
-
A 20-cm-square vertical plate is heated to a temperature of 30oC and submerged in glycerin at 10oC. Calculate the heat lost from both sides of the plate.
-
What is meant by accounting symmetry between the entries recorded by the debtor and creditor in a troubled debt restructuring involving a modification of terms? In what ways is the accounting for...
-
Under what circumstances a transaction would be recorded as a troubled-debt restructuring by only one of the two parties to the transaction?
-
Under what circumstances a transaction would be recorded as a troubled-debt restructuring by only one of the two parties to the transaction?
-
Marie Forleo, a marketing trainer and host of MarieTV, presents the eight tips for genuine networking. Do you agree or disagree with her suggestions? Discuss how this information is useful to you and...
-
Identify all relevant costs or revenue that are applicable to production- constrained decisions 1. Contributions margin of product 2. Interference with other production 3. Contribution margin per...
-
Gammaro Compary manufactures wallets from fabric. In 2 0 1 9 , Gammaro made 2 , 1 5 0 , 0 0 0 wallets using 1 , 2 5 0 , 0 0 0 yards of fabric. In 2 0 1 9 , Gammaro has capacity to make 2 , 8 0 0 , 0...
Study smarter with the SolutionInn App