Mary buys 8 widgets for $40.00
Homework Answers
The difference between tuvo numbers is 25. The smaller number is 16th of the larger number...
The difference between tuvo numbers is 25. The smaller number is 16th of the larger number What is the value of the smaller number? A radio stations signal has a radius of 100 miles If you drrve at a constant speed of 40 miles an hour, nonstop, directly across the diameter of the signal, how long can you listen to the station before the signal fades? If a man runs for an hour and a half at 8 miles an...
11. XYZ Company is a retailer of widgets. XYZ pays $4.75 for each widget and sells...
11. XYZ Company is a retailer of widgets. XYZ pays $4.75 for each widget and sells them for $8.00. Monthly fixed costs are $26,000. The widget cost is the only variable cost. a. What is the contribution margin per unit? b. What is the break-even point in units? c. How many units will XYZ need to sell to earn target profit of $13,000?
Break-Even Point Analysis J Widget Corporation buys completed Widgets from Widget manufacturers and sells them to...
Break-Even Point Analysis J Widget Corporation buys completed Widgets from Widget manufacturers and sells them to the public through a catalog. Currently J Widget Corporation purchases Widgets from 2 vendors. Total fixed cost for last year was $1,200,000. Vendor X. Per unit price if Description Widget Quantity 0- 50 $3.60 Quantity 51-100 $3.40 Vendor Y: Per unit price if Description Widget Quantity 0-50 $4.00 Quantity 51-100 $3.00 Last year J Widget sold 500,000 widgets at a cost of $4.50 per...
3. Susan's widget factory produces as many as 1,200 widgets daily, and sells them for $26...
3. Susan's widget factory produces as many as 1,200 widgets daily, and sells them for $26 each. If the rent on the plant and equipment is $13,000 per month, the raw material for each widget is $7.50 and workers are paid $19.00 per hour and one (1) worker can produce (30) widgets per hour - then: What is the 'breakeven' point? Point at which costs and revenues are equal. What is the maximum profit potential of this plant? What happens...
+=$(3-1-8 , £$1:21 Total money that Mary has ( 2x 1.8 +12 3.6 +2.ua Mary is willing to buy one widget during a year...
+=$(3-1-8 , £$1:21 Total money that Mary has ( 2x 1.8 +12 3.6 +2.ua Mary is willing to buy one widget during a year if the price per unit were $ 10, two widgets if the price per unit were $9. three widgets if the price per unit were $8 and so on up to ten widgets if the price per unit were $1. What is her con surplus obtained from widgets if the price per unit is $47 Show...
Monrose Park had the following transactions during the month of November 2018. Nov 2 Purchased 1,000 widgets...
Monrose Park had the following transactions during the month of November 2018. Nov 2 Purchased 1,000 widgets for $20 per unit on credit Nov 5 Sold 900 widgets for $55 each for cash Nov 10 Purchased 500 widgets for $25 per unit on credit Nov 18 Sold 100 widgets for $60 each on credit Nov 29 Sold 300 widgets for $50 each for cash Monrose Park uses a perpetual inventory system and the FIFO inventory valuation method. There were no widgets in the company’s opening...
16. Jane is a project manager for a company that produces two special widgets each year...
16. Jane is a project manager for a company that produces two special widgets each year for suppliers around the world. Jane receives a project schedule of 10 months and a budget with estimates of what it will cost to produce both widgets (shown below). The project requires 200 widgets to be produced per month for Widget A, and 100 widgets to be produced per month for Widget B. Activity Widget A Widget B Total Start Jan 1 Mar 1...
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from...
Jill's Job Shop buys two parts (Tegdiws and Widgets) for use in its production system from two different suppliers. The parts are needed throughout the entire 52-week year. Tegdiws are used at a relatively constant rate and are ordered whenever the remaining quantity drops to the reorder level. Widgets are ordered from a supplier who stops by every two weeks. Data for both products are as follows: ITEM TEGDIW WIDGET Annual demand 9,000 9,000 Holding cost (% of item cost)...
Each year Wright's Widgets buys 10,000 subcomponents that it needs in the production of its widgets...
Each year Wright's Widgets buys 10,000 subcomponents that it needs in the production of its widgets from an outside supplier for $15 each. If Wright instead used its existing idle capacity to produce it in-house, the variable production costs would be $8 per unit and $3 of fixed production overhead would be allocated to each unit. Additionally, Wright would need to hire one quality control technician for $28,000 per year. The excess capacity that would be required is currently leased...
Mary Smith sells gourmet chocolate chip cookies. The results of her last month of operations are...
Mary Smith sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: Sales revenue Cost of goods sold (all variable) Gross margin Selling expenses (20% variable) Administrative expenses (60% variable) Operating income $60,500 26,500 34,000 9,300 $13,700 What is Mary's degree of operating leverage? (Round answer to 2 decimal places, e.g. 52.75.) Operating leverage If Mary can increase sales by 10%, by how much will her operating income increase? (Round answer to o decimal...
The difference between tuvo numbers is 25. The smaller number is 16th of the larger number What is the value of the smaller number? A radio stations signal has a radius of 100 miles If you drrve at a constant speed of 40 miles an hour, nonstop, directly across the diameter of the signal, how long can you listen to the station before the signal fades? If a man runs for an hour and a half at 8 miles an...
Break-Even Point Analysis J Widget Corporation buys completed Widgets from Widget manufacturers and sells them to the public through a catalog. Currently J Widget Corporation purchases Widgets from 2 vendors. Total fixed cost for last year was $1,200,000. Vendor X. Per unit price if Description Widget Quantity 0- 50 $3.60 Quantity 51-100 $3.40 Vendor Y: Per unit price if Description Widget Quantity 0-50 $4.00 Quantity 51-100 $3.00 Last year J Widget sold 500,000 widgets at a cost of $4.50 per...
3. Susan's widget factory produces as many as 1,200 widgets daily, and sells them for $26 each. If the rent on the plant and equipment is $13,000 per month, the raw material for each widget is $7.50 and workers are paid $19.00 per hour and one (1) worker can produce (30) widgets per hour - then: What is the 'breakeven' point? Point at which costs and revenues are equal. What is the maximum profit potential of this plant? What happens...
+=$(3-1-8 , £$1:21 Total money that Mary has ( 2x 1.8 +12 3.6 +2.ua Mary is willing to buy one widget during a year if the price per unit were $ 10, two widgets if the price per unit were $9. three widgets if the price per unit were $8 and so on up to ten widgets if the price per unit were $1. What is her con surplus obtained from widgets if the price per unit is $47 Show...
16. Jane is a project manager for a company that produces two special widgets each year for suppliers around the world. Jane receives a project schedule of 10 months and a budget with estimates of what it will cost to produce both widgets (shown below). The project requires 200 widgets to be produced per month for Widget A, and 100 widgets to be produced per month for Widget B. Activity Widget A Widget B Total Start Jan 1 Mar 1...
Each year Wright's Widgets buys 10,000 subcomponents that it needs in the production of its widgets from an outside supplier for $15 each. If Wright instead used its existing idle capacity to produce it in-house, the variable production costs would be $8 per unit and $3 of fixed production overhead would be allocated to each unit. Additionally, Wright would need to hire one quality control technician for $28,000 per year. The excess capacity that would be required is currently leased...
Mary Smith sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: Sales revenue Cost of goods sold (all variable) Gross margin Selling expenses (20% variable) Administrative expenses (60% variable) Operating income $60,500 26,500 34,000 9,300 $13,700 What is Mary's degree of operating leverage? (Round answer to 2 decimal places, e.g. 52.75.) Operating leverage If Mary can increase sales by 10%, by how much will her operating income increase? (Round answer to o decimal...
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