BILL FRENCH Bill French picked up the phone and called his boss, Wes Davidson, controller of DuoProducts Corporation. “Wes, I’m all set for the meeting this afternoon. I’ve put together a set of break-even statements that should really make people sit up and take notice – and I think they’ll be able to understand them, too.” After a brief conversation, French concluded the call and turned to his charts for one last checkout before the meeting. French had been hired six months earlier as a staff accountant. He was directly responsible to Davidson and had been doing routine types of analytical work. French was a business school graduate and was considered by his associates to be quite capable and unusually And that may not be all. We may call it 90 percent of
plant capacity, but there are a lot of places where we’re just full up and we can’t pull things up any tighter. John Cooper: Fred is right, but I’m not finished on this bit about volume changes. According to the information that I’ve got here – and it came from your office – I’m not sure that your break-even chart can really be used even if there were to be no changes next year. It looks to me like you’ve got average figures that don’t allow for the fact that we’re dealing with three basic products. Your report on each product line’s costs last year (see Exhibit 3) makes it pretty clear that the “average” is way out of line. How would the breakeven point look if we took this on an individual product basis? Bill French: Well, I’m not sure. It seems to me that there is only one break-even point for the firm. Whether we take it product by product or in total, we’ve got to hit that point. I’ll be glad to check for you if you want, but …
Exhibit 3 Product Class Cost Analysis, Normal Year Aggregate Sales at full capacity (units) Actual sales volume Unit sales price Total sales revenue Variable cost per unit Total variable cost Fixed costs Profit Ratios: Variable cost to sales Unit contribution to sales Utilization of capacity 2,000,000 1,500,000 $7.20 10,800,000 4.50 6,750,000 2,970,000 1,080,000 0.625 0.375 75%
Magna Carta, US Bill of Right, the American Declaration of Independence, the English Bill of Rights, and the French Declaration of Independance are documents that have influenced the world in a big way. But we always come across questions like when did they occur and what were the causes and effects, how did they lead to new forms of government? How did they influence the world? What are the differences and similarities of these documents? The thing that the Magna Carta, Bill of Rights, the Declaration…
Similarities and differences between English bill of rights and the declaration rights of man and citizen Bryan. W Mr. Roberts The English bill of rights and the declaration rights of man and citizen are two of the most influential documents ever written between 1600-1800; those documents greatly affect the rights and freedom that everyone was born with today, it also greatly affects the US constitution about how they govern their country how they think about government. The two documents have…
causes of the American Revolution. The primary ones are: the French and Indian War, Treaty of Paris, Stamp Act, Proclamation of 1763, the Intolerable Acts, and Thomas Paine’s Common Sense. a. Explain how the end of the Anglo-French imperial competition as seen in the French-Indian War and the 1763 Treaty of Paris laid the groundwork for the American Revolution. The future of the North American continent was largely determined by the French and Indian War between 1755 and 1760. France and their Indian…
Franklin with American revolution France gave the U.S to maintain the solvency of the United states in six years during the war. French government gave the United States economic assistance, including grants, loans and gifts. French government grants and loans during the American revolution were won by Franklin, diplomat to French during the war. From the beginning of the Revolution, the continental congress always needed money from oversea to buy munitions and pay soldiers. However…
protect them from the Natives, French, and Spain. Negative of the Navigation Acts were that colonial manufacturing was limited and the colonists still had to pay high prices for manufactured goods. Salutary Neglect is the English policy of only lightly enforcing the Navigation Acts and other colonial laws. George Washington, a young man from Virginia, sent to attack and conquer Fort Duquesne, but he failed and surrendered. This attack on Fort Duquesne started the French and Indian War in 1754. Things…
accepts parliament’s “English Bill of Rights”, which was created to establish basic rights to Englishmen and to ensure that the monarchy does not have absolutists powers.(Keene 57) Although these fundamental rights were established, based on past events, these rights were not equally bestowed upon to the colonists. William and Mary did not keep the acts that they accepted when ascending the thrown. Evidence to back up this claim lies in Bacon’s Rebellion as well as the French and Indian war. Among…
debate over the Alien and Sedition Acts of 1798 revealed bitter controversies on a number of issues. Discuss the issues involved and explain why these controversies developed. Historical Setting: During June and July, 1798, Congress passed four bills, together known as the Alien and Sedition Acts. Granting the federal government extensive powers to deal with internal subversion, these acts did the following: (1) required a fourteen-year residency period for aliens prior to naturalization as…
in Canada Due December 3,13 By: Kaitlyn Lohr 1. 1760 – The British and French were fighting for ownership of and control over North America’s land and resources. After many years of conflict, the British defeated the French in 1760. New France was captures and occupied by British troops. 2. 1763 – One treaty, the Royal Proclamation of 1763, was referred to by the British government as a temporary First Nation Bill of rights. The British promised to honour First Nation peoples, language, and…
Canada East and Canada West were united as the province or colony of Canada, each side were given the same number in seats in the Legislative assembly. Each English party was allied with a French party. Because each side had the same number of votes, it made it easy for one side to stop a bill that would benefitted the other side. This was because quite often the French, Canada East, often disagreed with the English, Canada West. Normally the conservatives from Canada West joined in voting with the Parti Bleu from Canada East as did the Liberals and the Parti Rouge…
The Revolutions The American and French revolutions have many things in common as well as many different points. England had established colonies in America and expected the colonists to support the mother country by sending their goods and taxes back to Great Britain. In the mean time in France, French people wanted to move away from the power of King Louis the XVI. The French system was at the time was divided unequally between three estates . The first estate was the church who hold most…
