Wow a few weeks of pure confusion trying to sift through the wording in my managerial ebook...and 10 minutes into your video i've already understood everything 100% more. Looking forward to seeing your other videos!
Thank you so much for walking me through a very complicated subject. Your explanations were clear, easy to understand and made more sense than my text's explanation. I will be putting into practice your idea of organizing the information into an income statement first. That was very helpful, as was having the formulas right in front of me. Excellent instruction!
Thank you for your videos! I understand the content much better, I cant believe i am paying over 900 for one course at university and my prof doesn't teach anything! I am so frustrated!! I am happy one of my classmates told me about this channel!
Thank you so much ! Im studying for my second midterm on tuesday .and you made this class much easier ! I thank you for your videos i wish my teacher explained like you....
This was really helpful to watch and really helped solidify the formulas and process in my brain. I really appreciated the video and your explanations- thank you!
Great video. Thanks for posting this. Videos like this are what help make TH-cam a great resource for education. Also you said "I wish they put commas in here", you can. Open the Windows CALCULATOR then go to the VIEW Menu then click DIGIT GROUPING. You can also turn on History under that menu as well.
So I would consider the 25 to be the revenue, 10 + 10%*25 = 12.5 to be variable expenses and 4000 to be fixed. From there it's pretty easy. Please watch this video series closely and you should be able to answer it (and don't be scared to read your textbook!)
hi, i have been looking for some info, and yours is the best so far, love the formula and explaining it to mathsphobics.like me..thanks alot and well done to you dude...
Sorry for my slow reply - if there is no fixed costs at all! Breakeven point will be 0. ie if I have no fixed costs, i don't need to sell anything. I'm thinking there is something missing in your analysis, though, there will always be fixed costs!
If Dreamtime company sells pillows for $25.00 each and the manufacturing cost, all variable is $10 per pillow and they pay a shop booth fee of $4000 plus 10% revenue made at the convention, what will the equation look like to fins the break even sales ?
Thank you so much ! And what if you need to find the breakeven sales, however there is no fixed point. (so the 4000 isn't there). My textbook is just really confusing, but you have simplified it heaps !
Thanks @Tony Bell for your another detailed explanations, truly understandable when i listen. Here I am just wondering how to differentiate between contribution margin value & breakeven sale value? Would you mind to elaborate?
In my hw question I was given: revenue, fixed cost, & operating income. But no output numbers. How would I calculate the variable cost without total cost or an output number??
*What if you need to find the breakeven sales, however there is no fixed cost, so $25 to be the revenue, and 10+ 10%*25=25, but the 4000 is not there ?
Love you videos, but my question is... What is the technique to calculate break-even/CVP to a cloth store??? Calculate Contribuition Margin for example is a nightmare, imagine doing that to 5000 references, and i can't find a way to do it...
It's much trickier...I do an example of "multi-product" cvp later in these videos that gets at it. But for a store with 5,000 SKUs, I feel that CVP would be very difficult.
***** thanks for your quick answer Tony, and i'll wait for your example....the only way i see to do my CVP is trying to do some kind of a mix, or trying to group this 5000 SKU's in to smaller groups of products, by genre or supplier..... i don't know.. Thank's again...
Sooner company charge a price of 120 and has fixed cost of 45800 next year sooner expect to sell 15600 unit and make operating income of 166000 what is the variable cost per unit what is contribution margin ratio (note round answer the four decimal places
In my hw question I was given: revenue, fixed cost, & operating income. But no output numbers. How would I calculate the variable cost without total cost or an output number??
![LAVROV's interview with Tucker CARLSON 😁 [Parody]](/img/n.gif)
3 hours lecture compiled into 30 minutes. love all of your videos
all of a sudden cost accounting is fun and exciting. Thank you
I am taking an online accounting program and you are the life preserver I was hoping for!
This guy is the best professor i have ever seen
Never ever stop these videos! thank you
Thanks!
A most useful person I found in internet till the day. Keep doing, keep going.
Wow a few weeks of pure confusion trying to sift through the wording in my managerial ebook...and 10 minutes into your video i've already understood everything 100% more. Looking forward to seeing your other videos!
Love love your videos!!! Thank you so much! I took a 10 year break from my undergrad to my Grad and these videos are helping me out so so much!
This one is all the way from South Africa.. thank you soo much sir! you made everything crystal clear..thanks again
Sibongumusa Miya Thank you!~!!
Thank you so much ! I'll have exam on Thursday and your tutorials are my best source for revision.
Many thanks from Australia
Thanks so much - best of luck on the exam!
Thank you so much for walking me through a very complicated subject. Your explanations were clear, easy to understand and made more sense than my text's explanation. I will be putting into practice your idea of organizing the information into an income statement first. That was very helpful, as was having the formulas right in front of me. Excellent instruction!
Thanks so much! Best of luck in your studies :)
thanks lot for all the videos
every one in my class talks about your videos "mark summer" don't now nothing about teaching
Thank you for your videos! I understand the content much better, I cant believe i am paying over 900 for one course at university and my prof doesn't teach anything! I am so frustrated!! I am happy one of my classmates told me about this channel!
XxPuppyLuverxX Sorry you're frustrated with class, but I'm happy you found these videos!
Thank you so much ! Im studying for my second midterm on tuesday .and you made this class much easier ! I thank you for your videos i wish my teacher explained like you....
Dalia Ramirez Thank you :)
This was really helpful to watch and really helped solidify the formulas and process in my brain. I really appreciated the video and your explanations- thank you!
Thanks for the comment :)
LOVE the way you explain things... even my professor is not this interesting :)
Thank you!!!
Great video. Thanks for posting this. Videos like this are what help make TH-cam a great resource for education.
Also you said "I wish they put commas in here", you can. Open the Windows CALCULATOR then go to the VIEW Menu then click DIGIT GROUPING. You can also turn on History under that menu as well.
Steve Burns Thanks!
Yes, thank you!
Thank you so very, very, very much for providing additional tutoring for us. It's difficult to retain everything in 1 to 2 class periods per week.
Thanks!! So glad this helps :)
These videos really help me as lectures don't cover everu thing in class
It's funny how your 30-min vid can make me fully grasp the lesson while my 2-hr per session discussion with my prof cant make any difference
You just blew my mind. Thanks Chompski!
you are a fantastic teacher, thank you so much for making this so clear!
Great videos. Helping me get through MBA accounting.
These are great videos. Thank you for taking the time to make them.
+Jeffrey Lyons Thanks!!
So I would consider the 25 to be the revenue, 10 + 10%*25 = 12.5 to be variable expenses and 4000 to be fixed. From there it's pretty easy. Please watch this video series closely and you should be able to answer it (and don't be scared to read your textbook!)
keep doing what you're doing best teacher
thank you very much for this awesome video ... it really helps me to understand CVP analysis clearly....................
Hello Tony, I enjoy watching your videos.
very well explained, the formulas, i love them..Thank You!!
Awesome explanation, thank you for taking the time!
+Tatiana Lisnic Thanks!
This sounded like jargon before...Ian heading somewhere now.Thanks
great video. I'm attending an job written exam tomorrow & I forget what i learn in college about cvp. thanks you save my ass.
Thanks! Good luck in your class!
hi, i have been looking for some info, and yours is the best so far, love the formula and explaining it to mathsphobics.like me..thanks alot and well done to you dude...
ahmad khan You can be a mathphobe and still rock at accounting!
Bro, you are a god.
GREAT TONY BHAI
absolutely incredible video.
you made it so easy
you are the best !
Hussain fouad Thank you!
Great explaination
janckha Thanks!
Sorry for my slow reply - if there is no fixed costs at all! Breakeven point will be 0. ie if I have no fixed costs, i don't need to sell anything. I'm thinking there is something missing in your analysis, though, there will always be fixed costs!
You're welcome :)
If Dreamtime company sells pillows for $25.00 each and the manufacturing cost, all variable is $10 per pillow and they pay a shop booth fee of $4000 plus 10% revenue made at the convention, what will the equation look like to fins the break even sales ?
Thank you your videos are very helpful
Thanks!
this videos is so helpful.. thanks alot
+Edward Arthur Thanks!!
Thanks for this video, it helped a lot.
Ok,i got it :) Thnx 4 ur video's Tony they are very helpful hey!A lot!
Thank you!!
Thank you so much ! And what if you need to find the breakeven sales, however there is no fixed point. (so the 4000 isn't there). My textbook is just really confusing, but you have simplified it heaps !
Thank you so much Sir, so helpful
This is very helpful. Thanks
THANK YOU SIR!!
YAQOOB CELE Thanks :)
Thanks @Tony Bell for your another detailed explanations, truly understandable when i listen. Here I am just wondering how to differentiate between contribution margin value & breakeven sale value? Would you mind to elaborate?
In my hw question I was given: revenue, fixed cost, & operating income. But no output numbers. How would I calculate the variable cost without total cost or an output number??
THANK YOU SO MUCH!
I don't see where you can download the problems
Excellent
thanks tony
Thank you sir!!!!
*What if you need to find the breakeven sales, however there is no fixed cost, so $25 to be the revenue, and 10+ 10%*25=25, but the 4000 is not there ?
how did u find the %'s next to the per units?
You play Starcraft! thats cool haha. Good videos thanks.
Pistol Go Bronze league 4 life!
Love you videos, but my question is...
What is the technique to calculate break-even/CVP to a cloth store???
Calculate Contribuition Margin for example is a nightmare, imagine doing that to 5000 references, and i can't find a way to do it...
It's much trickier...I do an example of "multi-product" cvp later in these videos that gets at it. But for a store with 5,000 SKUs, I feel that CVP would be very difficult.
***** thanks for your quick answer Tony, and i'll wait for your example....the only way i see to do my CVP is trying to do some kind of a mix, or trying to group this 5000 SKU's in to smaller groups of products, by genre or supplier..... i don't know.. Thank's again...
is this the same in uk ? please i'm waiting for your answer :) thanks in advance
Abdellah Jellam Should be!
great lectures, very profitable! could we say all those videos are of Cost Accounting or Basic Managerial Accounting ?
what major teaches you these topics? Accounting?
Isnt break even in units: Fixed costs + Target income / CM per unit ???
+Deepak Agarwal no
thank you sir
Sooner company charge a price of 120 and has fixed cost of 45800 next year sooner expect to sell 15600 unit and make operating income of 166000 what is the variable cost per unit what is contribution margin ratio (note round answer the four decimal places
You talk of the previous chapter yet this is the first video in the series. How do we get the previous videos?
thanks
is this managerial accounting 1 or 2 i m sorry but i dont know english very well
satellite nigga Managerial accounting 1 - although it does overlap with 2.
If you click my name, you can find the full playlists :)
You sound like Raymond from every body loves raymond. You kind of look like him too.
Blair xoxo lol...I used to get that a lot!
Hi i have problem pleas solve my problem
how did get 60% ???????
1,800,000/3,000,000 = 0.6 = 60% - good luck :)
Omg u got hair back then 😂
Haha - those were better days!
You're welcome :)
Thanks!
Thank you sir!
Thanks
In my hw question I was given: revenue, fixed cost, & operating income. But no output numbers. How would I calculate the variable cost without total cost or an output number??
I imagine you'll be able to work backwards ---> Rev - VE - FE = Operating Income....so you can work backwards to figure out their VE.
Great! thank you so much!