This video shows an example problem computing multiple product breakeven point using weighted average. For more help with accounting, please visit my website AccountingInFoc....
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@christinascott5699 жыл бұрын
I have been trying to understand this for DAYS with more complicated examples. It wasn't until I watched this one that I finally understood it. thank you so much
@allkristiningram9 жыл бұрын
Christina Scott I'm so glad you were able to understand the concept. Sometimes a more simple approach helps.
@kinashraf19759 жыл бұрын
i am from egypt and you at your place wherever you are i don't know and you did teach me and helped me sooooooooo much can't say thanks enough .....keep inlight life with help thank you so much
@allkristiningram9 жыл бұрын
Ashraf Abbas Thank you so much for your comment. I'm glad you found the video helpful!
@ChrisFlores169 жыл бұрын
I was stuck on a similar problem and I just could not understand the explanation on other sources. Glad I found this video! Thank you so much, this really helped me!
@allkristiningram9 жыл бұрын
Christina Flores I'm so glad you found the video helpful!
@levontrd87565 жыл бұрын
After searching all over and came to this video. Absolutely fantastic. i tried this on my own excel sheet and got the results. This video was done long back probably you could redo it again with atleast 10 products in an excel sheet. thanks again.
@allkristiningram5 жыл бұрын
I'm glad it was helpful!
@timothysmith81549 жыл бұрын
You are an excellent teacher!
@allkristiningram9 жыл бұрын
Timothy Smith Thank you! I'm glad you found the video helpful.
@muhammadahsan89028 жыл бұрын
This video really helped me in understanding this whole concept .I am thankful to you for uploading such an "easy to understand" video tutorial.
@allkristiningram8 жыл бұрын
+Muhammad Ahsan You're welcome! So glad I could help. Thanks for commenting.
@dsmyify9 жыл бұрын
Thank you very much for recording this video and making it available. It has really helped!
@allkristiningram9 жыл бұрын
dsmyify You're welcome. I'm so glad you found it helpful!
@nickr76913 жыл бұрын
Thank you very much for recording this GREAT video and making it available. It has really helped! - YOU ARE THE BEST
@allkristiningram3 жыл бұрын
You're welcome! I'm so glad it helped!
@jemsar24 жыл бұрын
Well done professor. Well done. I totally appreciated this video.
@allkristiningram4 жыл бұрын
Thank you! I'm glad it was helpful for you.
@Close2Him157 жыл бұрын
Professor Ingram, thank you :). So easy to understand.
@allkristiningram7 жыл бұрын
+Dan Attles you're welcome! Thank you for the very nice comment!
@MIHomesKC10 жыл бұрын
Thank you so much for this! Very easily explained and understood.
@allkristiningram10 жыл бұрын
You're welcome. Glad I could help!
@sumit55623 жыл бұрын
U saved my day
@allkristiningram3 жыл бұрын
Your welcome
@valeriemaynez48895 жыл бұрын
you deserve a million dollars. you saved us."i love Kristin ingram"-my dumbass friend that requested to remain anonymous.
@allkristiningram4 жыл бұрын
Haha! That's awesome. Thanks for the great comment!
@ahmeditaly73943 жыл бұрын
Excellent explanation
@allkristiningram3 жыл бұрын
Glad it was helpful!
@ahmeditaly73943 жыл бұрын
@@allkristiningram are you an accountant?
@allkristiningram3 жыл бұрын
@@ahmeditaly7394 yes I am. I own a tax and consulting firm and teach people how to become bookkeepers.
@kimberlyhelbing9 жыл бұрын
thank you so much for helping me.
@bookcafe17 жыл бұрын
Precise and informative video. Thanks for sharing.
@allkristiningram7 жыл бұрын
+bookcafe1 you're welcome. Thanks for commenting!
@muhibullah9947 жыл бұрын
Dear mam , the word ''THANKS'' will not be enough if you were any where in Pakistan i would give you a hug.
@allkristiningram7 жыл бұрын
Thank you!
@Itsjana71973 жыл бұрын
THANK YOUUUUUU!!!
@allkristiningram3 жыл бұрын
Your welcome!
@EduBugay10 жыл бұрын
It helped me :) Great job... Thanks to you.
@yuniorgalardy27817 жыл бұрын
Thanks for posting this video.
@OgThaPlug5 жыл бұрын
Thank you
@themightythor116011 жыл бұрын
This is awesome! Thank you!
@sudharsanvj85315 жыл бұрын
Neat explanation :) Thank you !
@allkristiningram5 жыл бұрын
You're welcome!
@hollowkaizer74199 жыл бұрын
Thanks very much.
@allkristiningram9 жыл бұрын
hollow kaizer You're welcome.
@goceification4 жыл бұрын
thanx. Very useful. This is only for Bkeven in Units?
@allkristiningram4 жыл бұрын
If you divide by the CM ratio, you can get sales in dollars.
@veronikalazarenko92488 жыл бұрын
Thank you for the explanation. Everything is really clear. I have only one question. How you can count break even point if you have more than 10 products? I am really confused how to allocate Sales Mix in units or % for more than 10 products. Can you help me please.
@allkristiningram8 жыл бұрын
You would need to calculate the contribution margin per package based on sales mix for the 10 products or calculate the weighted contribution margin ratio for the 10 products. It's the same method we use in the video, you just have more products. Excel is helpful for this because you can use formulas and automate the process.
@veronikalazarenko92488 жыл бұрын
So if I have 20 products, does it mean that my sale mix will look like: Product 1 - 1, Pruduct 2 - 4;.....Product 18 - 0,5; Product 19 -0,5; Product 20 -5 ? I am really confused what companies are doing with 100 products?
@allkristiningram8 жыл бұрын
Companies with 100 products have computer systems that do the calculations for them and generally use the contribution margin ratio for total contribution margin/total sales. Most companies will also look at the company as divisions, with one or two products in a division and segmenting fixed costs (whether direct or allocated common) into that division.
@mernanuqul9 жыл бұрын
Hello, do we always use the WA of units to calculate the Composite CM, because there are some cases where the number of units were used instead; which in this case are 3 & 7 and we multiply them by the UCM, without dividing on the result total;10. Could you please advise when we use each method??
@allkristiningram9 жыл бұрын
merna nuqul if the lowest common multiple is 10 then you would multiply the CM of unit A by 3 and the CM of unit B by 7. Add that together to get the CM for the Package. I hope that makes sense. If not, please let me know.
@Jeremy_Godrick7 жыл бұрын
Thankyou!
@kidsnhoops48148 жыл бұрын
Hi Kristen, can this videos formula be applied to an industry with multiple services and products; and if so.....how? Thanks in advance.
@allkristiningram8 жыл бұрын
+Kids N' Hoops If you know the price and variable costs of the products and the approximate sales mix, absolutely. It is more accurate the more you can break down the fixed costs between the two products though.
@PKyei8 жыл бұрын
+Kristin Ingram fr:Kids N'Hoops, I do know the price we charge for each service as well as our products. I am compiling a break even analysis for a start-up venture and I'm having trouble with the associated costs of the service we provide because so many things go into providing the service. I'd love to pick your brain on some of these issues.
@allkristiningram8 жыл бұрын
***** Send me an email: help at accountinginfocus.com
@shoaibcheragh73629 жыл бұрын
Thank you very much, it is really helpful. But I am wondering if I want to present this in a line graph, how will it work then ?
@allkristiningram9 жыл бұрын
A graph for this would be tough because you have multiple products. It would be easier to do one for single product. You could make a graph with sales in dollars on the x axis and profit on the y axis. The break even point would be the point at which your line intercepts the y axis.
@shoaibcheragh73629 жыл бұрын
Kristin Ingram Thanks a lot...really appreciate it.
@sagarshinde49766 жыл бұрын
Thanks 💐💐💐
@allkristiningram6 жыл бұрын
You're welcome!
@chaoliu72557 жыл бұрын
thanks a lot, you teach very clear but I find there are several counting mistakes
@allkristiningram7 жыл бұрын
Maybe there are some things that were not clear to you. Can you please let me know what you think the mistakes are so I can clarify for you.
@chaoliu72557 жыл бұрын
I was confusing about the result of 24000/5.2. The result which I count is 4615.38 not 5000