Self-Employment Research Papers Samples For Students

CVP and break even analysis

Introduction

Entrepreneurs utilize cost volume profit analysis (CVP) to identify levels of business activities essential in limiting loses emanating from lack of adequate monitoring and evaluation of business performance. As such, CVP offers a viable option for use to give a reflection of the estimates amounting as variable costs. Also known as break even analysis, it specifically gives an overview of how profits fluctuate due to variation in sales price, fixed costs, variable costs and quantity off products or services.

Start-up costs $60, 000 to 184,000

Fixed operating expenses $4000 per month
Lease equipment $2000
Break-even 300 members
a) According to the Cost-volume-profit (CVP) analysis, ...

Abstract

Hunan province is one of the largest provinces of china. It is a province endowed with many mineral resources. This region is characterized by intense Industrial activities. The Hunan province is plagued with several socioeconomic problems. These problems include pollution, unemployment, power shortages, health issues and drug abuse among others. The government of Hunan has put forward strategies and measures to counter these socioeconomic problems. The government has established ways of helping peasant workers to acquire employment. Laws and regulations are also put in place to deal with pollution and drug abuse. Hunan government has expanded the power production capacity ...