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Essay / Research Paper Abstract
A 2 page paper calculating and presenting a contribution margin and determining breakeven point for Wal-Mart in 2002 and 2003. Values used for fixed and variable costs essentially are fictitious, but not entirely so as they are reported values for revenues, cost of goods sold and SG&A expenses used for sales, variable costs and fixed costs, respectively. Bibliography lists 2 sources.
Page Count:
2 pages (~225 words per page)
File: CC6_KSacctWal-Mcont.rtf
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Unformatted sample text from the term paper:
Values used for fixed and variable costs essentially are fictitious, but not entirely so. The values used here are: Necessary Value Reported Value Used Sales Actual Revenues 2002 and
2003 Variable Costs Cost of Goods Sold 2002 and 2003 Fixed Costs SG&A 2002 and 2003 Contribution Margin By definition, contribution margin is
sales - variable costs (Horngren, Sundem and Stratton, 2002). Using the substitutions identified above, contribution margin in both dollar amounts and percentages are presented in the table below. Year
Sales Variable Costs Contribution Margin $ Contribution Margin % 217,799 171,562 46,237 78.8 Jan-03 244,524 191,838 52,686 78.5
Calculations for the above are: Contribution Margin $ = Sales - Variable Costs
= 217,799 - 171,562 = 46,237 in 2002 = 244,524 - 191,838 = 52,686 in 2003
Contribution Margin % = Variable Costs ? Sales x 100 = 171,562 ? 217,799 x 100 = 78.8% in 2002
= 191,838 ? 244,524 x 100 = 78.5% in 2003 Breakeven Point Again by definition, breakeven point is
"the level of sales at which revenue equals expenses and net income is zero" (Horngren, Sundem and Stratton, 2002; p. G2). Using the values above, net income would be:
Sales 244,524 Variable Costs -191,838 Fixed costs -37,611 Net income 15,075 Breakeven point equals actual
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