# Mangement class | Management homework help

Managers  use tools like the Break-Even Analysis in both the planning and  controlling functions of Management. In this assignment, you’ll practice  using the Break-Even formula to help Ryan determine when his business  will begin to turn a profit.

Instructions:

Using the information from the Learning Module 2, calculate the  break-even point in each of the scenarios.  Provide a response to the  questions in the conclusion.  Be sure to use either Word or Excel and to show your work.

Scenario 1

After receiving bad service at the local car wash, Ryan has decided  to start VDB Detailing!  One of his first decisions when planning his  business – he needs to calculate the number of vehicles he will need to  detail before breaking even.  His uncle has offered to let him use a  small section of his shop for only \$300 per month. Ryan is going to pay  his friend, Gabe, \$10/hour to help him. He has estimated his additional  expenses and other details to be the following:

• Insurance \$200/month
• His share of monthly utilities \$95
• Wax \$2.00
• Towels, soap, and other supplies \$3.50/vehicle
• Leasing of equipment \$100/month
• Marketing \$105/month budgeted
• He estimates that it will take him 4 hours to detail a vehicle if he  has help from his friend (Hint: how much is this total per car?).
• He plans to charge \$120 per vehicle.

Question #1 – How many vehicles does Ryan need to detail each month to break even?

Scenario 2

Ryan is now considering leaving his full-time job to grow his business but does not want to lose his salary.

Question #2 – If he decides to pay himself \$2000 per month how many  cars does he have to detail in a month now to break even? Assume all  other figures remain constant from scenario 1.

Conclusion

Are these numbers attainable? Please explain. List two suggestions  you could give Ryan that would affect his break even point in a  favorable manner, using the Break-Even Formula to justify them.

Responses copied from an internet source, out of the text, or  from homework sites earn no credit, as they are a violation of College  Academic Integrity Policy.

File formats accepted for this assignment are .doc, .docx, xls,  .xlsx, or .pdf only.  Be sure to verify your submission has been  uploaded!

The following content is partner provided

Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

### Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors: