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3 years ago

The evms term that represents the value of work actually accomplished is:

1 answer:

8 0

The EVMS term that represents the value of work actually accomplished is EV. EVMS stands for earned value management system. This system allows businesses to see the cost that is budgeted for work that needs to be done. EV refers to the earned value that is found in the work being accomplished.

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3 years ago

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2 years ago

The Blanket Company (TBC) manufactures two types of blankets. One is made of nylon. The other is made of wool. The budgeted per-

sladkih [1.3K]

Answer:

Results are below.

Explanation:

First, we need to calculate the break-even point in units with the desired profit:

Desired profit= $109,000

Break-even point (units)= (Total fixed costs + desired profit) / Weighted average contribution margin

Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)

Weighted average contribution margin= (145*0.8 + 197*0.2) - (75*0.8 + 87*0.2)

Weighted average contribution margin= $78

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Wool= 12,000*0.2= 2,400

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3 years ago