AACE International CCP Exam With Confidence Using Practice Dumps

To calculate the total sales volume needed to achieve a target net profit of $480, we first find the total required contribution margin:

Required Contribution Margin=Fixed Costs+Target Net Profit=6,000+480=6,480\text{Required Contribution Margin} = \text{Fixed Costs} + \text{Target Net Profit} = 6,000 + 480 = 6,480Required Contribution Margin=Fixed Costs+Target Net Profit=6,000+480=6,480

Using the contribution margin per unit of $0.10, we calculate the required sales volume:

Required Sales Units=6,4800.10=64,800 units\text{Required Sales Units} = \frac{6,480}{0.10} = 64,800 \text{ units}Required Sales Units=0.106,480​=64,800 units

Then, multiply by the unit sale price:

Total Sales Volume=64,800×0.50=$32,400\text{Total Sales Volume} = 64,800 \times 0.50 = \$32,400Total Sales Volume=64,800×0.50=$32,400

Therefore,$32,400is the required sales volume to achieve a target net profit of $480.

Cost Variance (CV)is an EVM metric that indicates whether the project is under or over budget by comparing the earned value to the actual cost.

Key Points:

CV Formula:

CV = BCWP - ACWP

BCWP = 105,000 work hours

ACWP = 110,000 work hours

Calculation:

CV = 105,000 - 110,000 = -5,000 work hours

Interpretation:

A negative CV indicates that the project is over budget, as more work hours were paid for than were earned.

Conclusion:The correct answer isA. BCWP-ACWP = 105,000-110,000 = -5,000because this calculation accurately reflects the cost variance of the project.

Given Scenario:

The question asks which of the following is not included in income tax calculations.

Income tax calculations typically include annual income, annual expenditures, and depreciation. The initial cost of investment is not directly included in income tax calculations but is used for calculating depreciation.