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Answered

Task:

Assessment Description

Learning Outcome 2: Formulate budgets and construct a cost-volume-profit analysis using practical scenario

Calculate the following:

1) The Break-even point in trips per month

2) The Break-even point in dollars of revenue per month

3) Assuming a profit after tax requirement from the Helicopter trip business of $120,000 per year and a tax rate of 30%, calculate:

a) Trips required per month to obtain target profit 

b) Revenue required per month to obtain target profit 

Objective: The objective of this assignment is to effectively use spreadsheet software to provide costvolume-profit analysis

Required:

The assignment will need to be submitted electronically on the portal, via the moodle site. 

ACCM 4100 Management Accounting

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