Assist W5
February 26th, 2024
Week 5 – Assignment: Conduct Profit Analysis
Profit analysis is an analytical technique used primarily to analyze the effects of volume changes on profit. Consider the data in the table below for three independent health services organizations and fill in the missing data indicated by the question marks.
Table 2
Effects of Volume Changes on Profit
Revenues |
Total Variable Cost |
Fixed Cost |
Total Cost |
Profit |
|
a |
$2000 | $1400 | ? | $2000 | ? |
b |
? | $1000 | ? | $1600 | $2400 |
c |
$4000 | ? | $600 | ? | $400 |
Length: 1 completed template provided in the resources for this week.
Answer:
Based on the provided data, let’s fill in the missing values in the table:
Revenues | Total Variable Cost | Fixed Cost | Total Cost | Profit | |
---|---|---|---|---|---|
a | $2000 | $1400 | $600 | $2000 | $400 |
b | $1600 | $1000 | $600 | $1600 | $2400 |
c | $4000 | $3400 | $600 | $4000 | $400 |
Here’s the completed table with the missing data filled in.