Balance Sheet for Ecoville International Bank ASSETS LIABILITIES Cash $33,000
April 17, 2022Instructions: For this discussion, you are to use the following
April 17, 2022
- Selling Prices: Share and explain the selling prices you established for each of your products. Be sure to reference your cost-volume-profit analysis in your defense.
- Contribution Margin: Share and explain your contribution margin per unit. Be sure to reference your cost-volume-profit analysis in your defense.
- Target Profits: Identify your break-even points for achieving different target profits. Then explain the target profits you selected for each area of your business. Be sure to reference your cost-volume-profit analysis in your defense.
- Financial Statements: Using the information in the Milestone Two Market Research Data Appendix, assess your financial performance to date.
- Statement of Cost of Goods Sold: Share the statement of cost of goods sold and logically interpret the business’s performance against the provided benchmarks.
- Income Statement: Share the income statement and logically interpret the business’s performance against the provided benchmarks.
- Variances: Illustrate all variances for the direct labor time and the materials price.
- Significance of Variances: Evaluate the significance of the variances in terms of the potential to impact future budgeting decisions and planning.
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