I appreciate this so much! Just understanding the basics or simplicity of the calculations helps so much. Sometimes just reading words on a page can be difficult for me, so seeing an example being explained helps so much! Thank you!
Your video is like so easy to understand that this video help me to understand what I trying to understand for a whole day in just 7 minutes. Again, thank you so much for your video!
Hello there! Just to highly thank you about your tutorials. You provide very high-quality ones, and they helped me a lot for my last exams. Thank you for sharing your knowledge with us, and thank you for your professionalism and your great teaching!
This is absolutely absurd how good u are at explaining this. It takes my university professor like two or 3 1.5hr classes to explain this is the most over complicated confusing way possible when I could just come here and learn it in 5min
very clean and easy presentation, straight to point.. my accounts mam literally blown the hell out of me to get this into my mind and yet she failed.....thumsup to you :)
A brief and informative video! Also, for calculating the break-even point (sales revenue), can’t we just multiply the break-even unit by selling price per unit instead?
So the outcome of the break even point in units. (10000 here) times the price of the product (5 here) is the break even point in sales? Or is it just a coincidence in this example?
Hence, under which case one should take (BEP) by sales & under which case one should take (BEP) by unit ? As the outcomes are significantly different, I guess there must be some rationale before we select one particular formula, right ?
There is one thing I don't understand: In my textbook it says that CM Ratio = CM/Total Sales, and in the context of this video it is CM/Selling Price. Is there something I am missing?
i saw online that CM Ratio is either 1) CM ÷ Total Sales 2) CM per unit ÷ Selling price per unit 3) Change of CM ÷ Change of Sales hoped that helped you 🥰
재무, 세무회계보다 원가관리를 하려는 이유는 급여, 전표, 납세는 오랫동안 해왔었고 별도로 공부하면서도 알고 있어서 다른 일 하고 싶었다. 원가는 매출원가에 직접 영향을 주고 절감해야하는 원가는 얼마이고 목표이익을 얼마나 거래처와 협의로 가져가느냐에 따라 영업이익도 좌지우지 되므로 중요한 일이라 생각한다. 중요한 일을 하고 싶어서 지원했고 종합원가계산이나 정상개별원가계산 배부법을 어떻게 더 빠르게 풀어나갈지 가치변환방식에 어떤변화를 줘야하는지도 생각하고 있다.
He should have clarified that this formula for break-even points is used to account for variable costs per unit. If he just needed to cover fixed costs ($20,000), his shop would only need to sell 4,000 subs ($5*4,000=$20,000). The problem with that logic is each sub has an additional expense attached. That is why he needed the contribution margin. Therefore, he subtracted the selling price ($5/sub) from his variable costs per sub ($3/sub) to get his $2/sub contribution margin. One quick double-check of the numbers is to test that his cost margin (per unit) and cost margin ratio are saying the same thing. Because 10,000 subs at $5 is equal to $50,000 in sales and his cost margin ratio was $50,000, these numbers check out.
There’s another way to calculate breakeven. Sales price x # units- variable costs x # of units- fix costs= 0. You just fit stuff in and solve the equation.
Dear Friends, I want to confirm: If a company has passed the break-even point, why should we do variable costs minimums and maximum fixed costs then the profits will increase more?. Thank you.
I don't know how many times you saved my hide with these videos. You explain everything perfectly, short and to the point. God bless you, sir.
Thanks Kenan!
I don't how you do it but you have a gift of breaking things down so people understand managerial accounting.
Thank you. You've described in clearly in 10 minutes what took 3 classes at my university.
What university? I'm asking because I'm learning this in college.
I appreciate this so much! Just understanding the basics or simplicity of the calculations helps so much. Sometimes just reading words on a page can be difficult for me, so seeing an example being explained helps so much! Thank you!
dude seriously thank you, my professor never provides examples and never answers my questions. You are the reason im gonna pass my university class.
Did you pass?
@@Skitlless i graduated and got my degree so i sure hope i passed!
Your video is like so easy to understand that this video help me to understand what I trying to understand for a whole day in just 7 minutes. Again, thank you so much for your video!
Hello there! Just to highly thank you about your tutorials. You provide very high-quality ones, and they helped me a lot for my last exams. Thank you for sharing your knowledge with us, and thank you for your professionalism and your great teaching!
This is absolutely absurd how good u are at explaining this. It takes my university professor like two or 3 1.5hr classes to explain this is the most over complicated confusing way possible when I could just come here and learn it in 5min
If only I watched this before my test...
Thanks for the explanation.
No problem. Hopefully you can redeem yourself on the final :)
very clean and easy presentation, straight to point.. my accounts mam literally blown the hell out of me to get this into my mind and yet she failed.....thumsup to you :)
thanks for making complex things easy
Thank you for all your videos, I always use your videos for studying.
Thanks so much!! These videos have helped me SO much through my Core 2 CPA module.
Thanks for watching, and good luck on the CPA!
You are a life saver sir, thank you so muchhh for explaining to simple and clear, i hope you have good life sirrr!!!!!
Thanks, you too!
This 7-minute video summarized a whole lesson in my budgeting and forecasting class, thank you!
😀
YOU SAVED MY LIFE SIR GOD BLESS YOU
If you are running a sub shop, do not hire anyone named "jared", or you will never break even!
Needed this laugh before my exam today 😂😂
Man u've no idea how much is that so helpful 2 me .Thx a alot
Making me understand man, U THE BEST
This video was extremely helpful. Thank you.
thanks a lot, i understood this lesson. now will finish off my assignment. cheers
Thank you so much. you deserve more views and likes.
Honestly, I'm learning more from your vides then I did from paying an online instructor $400 this semester
I think youtube is the best institution....no need for paying in school or colleges
u literally have everything im looking for
A brief and informative video! Also, for calculating the break-even point (sales revenue), can’t we just multiply the break-even unit by selling price per unit instead?
This was nicely done; thanks for the video.
These videos are fantastic. Great instruction, thx!
Thank you so much! It's extremely helpful
Dude, you are a life saver
Thank you thank you thank you my assignment is done with your video! Clear as crystal!!!!!!
you're a hero a sir thank you
Edspira I love you 😭💖💖
Huge thanks to you!
Man, you're the best
Thank you!
Thank you for sharing the lesson.
Keep up the good work!
Thanks!
great tutorials
Thank you!
great explanation , please add capital budgeting videos also
It was really helpful thanks
Well done
Thank you. I found this so helpful!
we can also easily calculate the Break even point (Sales) just by multiplying the Break even point unit into the selling the price.
For the break-even point in sales $, could you just multiply the break-even point * selling price? or was this just a coincidence on this example?
Yes u can
ye
So the outcome of the break even point in units. (10000 here) times the price of the product (5 here) is the break even point in sales? Or is it just a coincidence in this example?
If you have a decimal for the breakeven point, eg. 81.36, do you round up or down? That is, is it 81? Or 82?
Thanks so much.
Very good video, helped me a lot!
Thank you so much for being perfect!
Thank you
Hence, under which case one should take (BEP) by sales & under which case one should take (BEP) by unit ? As the outcomes are significantly different, I guess there must be some rationale before we select one particular formula, right ?
sir could you please add more advanced problem on decision making for CVP
huge help . appreciate it
pay this man a university professor salary
😀
A big thank you
very good. I like it
There is one thing I don't understand: In my textbook it says that CM Ratio = CM/Total Sales, and in the context of this video it is CM/Selling Price. Is there something I am missing?
i saw online that CM Ratio is either
1) CM ÷ Total Sales
2) CM per unit ÷ Selling price per unit
3) Change of CM ÷ Change of Sales
hoped that helped you 🥰
i thought the contribution margin ratio was (total revenue - variable costs)/ total revenue. In the video you have it as CM per unit / price per unit
In this video, I'm calculating the contribution margin per unit (which is different than the contribution margin). Great question!
ur the best! thankyou
재무, 세무회계보다 원가관리를 하려는 이유는 급여, 전표, 납세는 오랫동안 해왔었고 별도로 공부하면서도 알고 있어서 다른 일 하고 싶었다. 원가는 매출원가에 직접 영향을 주고 절감해야하는 원가는 얼마이고 목표이익을 얼마나 거래처와 협의로 가져가느냐에 따라 영업이익도 좌지우지 되므로 중요한 일이라 생각한다. 중요한 일을 하고 싶어서 지원했고 종합원가계산이나 정상개별원가계산 배부법을 어떻게 더 빠르게 풀어나갈지 가치변환방식에 어떤변화를 줘야하는지도 생각하고 있다.
3 words I LOVE U
😍
great stuff
Thanks!
My professor actually directed us to these videos. I suppose paying for that class was a waste of money. #The End Of College
Thank you! :)
thanks
you said that breakeven point covers fixed costs. how do you cover variable costs ?
He should have clarified that this formula for break-even points is used to account for variable costs per unit.
If he just needed to cover fixed costs ($20,000), his shop would only need to sell 4,000 subs ($5*4,000=$20,000). The problem with that logic is each sub has an additional expense attached. That is why he needed the contribution margin. Therefore, he subtracted the selling price ($5/sub) from his variable costs per sub ($3/sub) to get his $2/sub contribution margin.
One quick double-check of the numbers is to test that his cost margin (per unit) and cost margin ratio are saying the same thing. Because 10,000 subs at $5 is equal to $50,000 in sales and his cost margin ratio was $50,000, these numbers check out.
Another way to find BEP in sales is multiply the BEP in units by the sales price.
The Breakeven point for sales. FC/(1-(CM/P)). Is that wrong? I'm confused
Racel Kay Quebral I think if you take out the 1 it will be correct. FC/(CM/P)
There’s another way to calculate breakeven. Sales price x # units- variable costs x # of units- fix costs= 0. You just fit stuff in and solve the equation.
What the !! Is this what i wasted my time on! You made it very easy!!
the dude sounds like Chef John LOL
I get that a lot!
3차원 공간에는 모든게 원자로 구성되며 주변에있는 물건들도 제조가 되있다면 원가와 이익으로 구성되어 있다
Dear Friends,
I want to confirm:
If a company has passed the break-even point, why should we do variable costs minimums and maximum fixed costs then the profits will increase more?. Thank you.
Thank you !
Thank you!
You're welcome!