Homework Answers
| Answer |
| Increase in Craft show fees = 500*25% = $ 125 |
| Increase in sales = Increase in creft show fees / contribution margin ratio |
| 125 / .625 |
| $200 |
| Increase in sales = sellin price per scarf * Number of extra scarf to be sold |
| 200 = 20 * X |
| X = 200/20 |
| X(Number of extra scarf to be sold) = 10 scarfs |
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Allison Parker sells homemade knit scarves for $20 each at local craft shows. Her contribution margin...
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Arlan Arthur admired his wife's success at selling scarves at
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Question 5. Bobby admired his wife's success at selling scarves at local craft shows, so he...
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E7-28A (similar to) Eddie Arkin admired his wife's success at selling scarves at local crafts shows, so he decided to make two types of plant stands to sell at the shows. Eddie makes twig stands out of downed wood from his backyard and the yards of his neighbors, so his variable cost is minimal (wood screws, glue, and so forth). However, Eddie has to purchase wood to make his oak plant stands. His unit prices and costs are as follows:...
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2) compute contribution margin for each channel 3) compute break even point (in terms of number...
2) compute contribution margin for each channel
3) compute break even point (in terms of number of orders and
dollars) for each distribution channel
(HINT - Fixed costs are all trade show expenses. Use
depreciation for the booth as a fixed cost. The booth cost should
be considered an investment not a fixed cost)
4) Calculate the number of orders at a target profit of
$100,000
5) Calculate the profitability for both the low and high order
estimates
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please solve 1-4 in detail please solve 1-3 in only 3-34. could you please tell why...
please solve 1-4 in detail
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could you please tell why you solved the problem like
that
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The highlighted sections are the ones i need figured out MGMT 640 GROUP PROJECT to your...
The
highlighted sections are the ones i need figured out
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Arlan Arthur admired his wife's success at selling scarves at
local crafts shows, so he decided to make two types of plant
stands to sell at the shows. Arlan makes twig stands out of downed
wood from his backyard and the yards of his neighbors, so his
variable cost is minimal (wood screws, glue, and so forth).
However, Arlan has to purchase wood to make his oak plant stands.
His unit prices and costs are as follows: LOADING...(Click the
icon...
Question 5. Bobby admired his wife's success at selling scarves at local craft shows, so he decided to make two types of plant stands to sell at the shows. Bobby makes twig stands from twigs he collects from a friend's farm, so his variable cost is minimal (wood screws, glue, and so forth). However, Bobby has to purchase wood to make his oak plant stands. His unit prices and costs are as follows: Twig Stands Oak Stands $45.00 Sales price...............
E7-28A (similar to) Eddie Arkin admired his wife's success at selling scarves at local crafts shows, so he decided to make two types of plant stands to sell at the shows. Eddie makes twig stands out of downed wood from his backyard and the yards of his neighbors, so his variable cost is minimal (wood screws, glue, and so forth). However, Eddie has to purchase wood to make his oak plant stands. His unit prices and costs are as follows:...
BOOK Calculator Print Item Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Unless otherwise instructed, round all total dollar figures (e.g. sales, total contribution margin) to the nearest dollar, breakeven or target units to the nearest unit, and unit costs and unit contribution margins to the nearest cent. Round ratios to four significant digits. Required: 1. At the break-even point, Jefferson Company sells 115,000 units...
Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 48,000 Rets per year. Costs associated with this level of production and sales are given below: Unit $ 20 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expense Fixed selling expense Total cost Total 960,000 288,000 144,000 432,000 96,000 288,000 2,208,000 $ 46 $ The Rets normally sell for $51 each. Fixed manufacturing overhead is constant...
2) compute contribution margin for each channel
3) compute break even point (in terms of number of orders and
dollars) for each distribution channel
(HINT - Fixed costs are all trade show expenses. Use
depreciation for the booth as a fixed cost. The booth cost should
be considered an investment not a fixed cost)
4) Calculate the number of orders at a target profit of
$100,000
5) Calculate the profitability for both the low and high order
estimates
We were...
please solve 1-4 in detail
please solve 1-3 in only 3-34.
could you please tell why you solved the problem like
that
Chapter 2 An Introduction to Cost Terms and Purposes Function Representative Cost Driver 1. Accounting 2. Human resources 3. Data processing 4. Research and development 5. Purchasing 6. Distribution 7. Billing A. Number of invoices sent B. Number of purchase orders C. Number of research scientists D. Hours of computer processing unit (CPU) E. Number of employees F...
The
highlighted sections are the ones i need figured out
MGMT 640 GROUP PROJECT to your team has been hired to provide financial analysis for a start-up company, Bobble in Style, n produces customized bobble heads. The bobble heads are made out of less rigid materials and are more true to life more true to life than those of competitors. The company inventors, Mr. and Mrs. Lee, are going to pitch trieir idea to Shark Tank in a few months,...
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