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AB 3. The manager of a bicycle shop has found...
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has...
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type High-quality Modium-quality Sales Price Trivoice Cost Sales Commission $1,300 $ 700 $80 750 420 60 Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $159,600. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop's sales mix?...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Sales Price Invoice Cost Sales Commission High-quality $ 1,400 $ 750 $ 90 Medium-quality 800 470 70 Three-quarters of the shop’s sales are medium-quality bikes. The shop’s annual fixed expenses are $147,400. (In the following requirements, ignore income taxes.) Required: Compute the unit contribution margin for each product type. What is the shop’s sales mix?...
I attempted to solve this problem, however, something must be incorrect. Please show your work Score:...
I attempted to solve this problem, however, something must be
incorrect. Please show your work
Score: 0 of 10 pts 10 of 11 (8 complete) HW Score: 58%, 29 of 50 pts Instructor-created question Question Help Bicycles arrive at a bike shop in boxes. Before they can be sold, they must be unpacked, assembled and tuned (lubricated, adjusted, etc.). Based on past experience, the shop manager assumes the times for each setup phase are independent and follow a normal distribution....
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Sales Price Invoice Cost Sales Commission High-quality $ 1,800 $ 950 $ 40 Medium-quality 1,000 670 20 Three-quarters of the shop’s sales are medium-quality bikes. The shop’s annual fixed expenses are $234,900. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop’s...
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divid...
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Bigh-quality Medium- quality Sales Price $1.750 870 Invoice Cost $790 570 Sales Commission $90 30 Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $277,200. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop's sales mix?...
Make sure you show your work clearly, use calculus, and box your final answer. No work...
Make sure you show your work clearly, use calculus, and box your final answer. No work = No credit. You may use a calculator, DESMOS, notes, and book. 1. (8 points) Let y = -x3 + 6x2 - 5 a. Find all critical numbers for f(x). b. Find the absolute extrema on the interval [-1, 3). Clearly label your answers. c. Find the absolute extrema on the interval [1, 3). Clearly label your answers. 2. (6 points) Let y =...
Please show your work. Please show your work. 3. Graph the following budget set. The two...
Please show your work.
Please show your work.
3. Graph the following budget set. The two goods in question are food and clothing. Suppose that the individual has 500 dollars that can be spent on either food or clothing and that a 200 dollar subsidy is available for food and a 150 dollar subsidy is available for clothing. The price of a unit of food is 10 dollars and the price of a unit of clothing is 25 dollars. The...
please show all your work i am really trying to understand how to solve these The...
please show all your work i am really trying to understand how to
solve these
The revenue (in millions of dollars) from the sale of x units at a home supply outlet is given by R(x) = 0.25. The profit in milions of dollars) from the sale of x units is given by P(x) = 0.081x-0.7 (a) Find the cost equation. (b) What is the cost of producing 7 units? (c) What is the break-even point? Show all of your...
Exam 2.YOU MUST SHOW ALL WORK NEATLY AND ORDERLY (step by step) Work will be on regular white pap...
need help with a,d,and f
Exam 2.YOU MUST SHOW ALL WORK NEATLY AND ORDERLY (step by step) Work will be on regular white paper (same as this test is on.) Make sure you staple all pages together. 1. (70 points) The price function for a certain product is p-50ln(0.02x) a. Find R(x) b. Find the value of x that will maximize revenue. c. Write the intervals of concavity and describe the behavior of R(x) in each interval d. Find the...
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type High-quality Modium-quality Sales Price Trivoice Cost Sales Commission $1,300 $ 700 $80 750 420 60 Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $159,600. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop's sales mix?...
I attempted to solve this problem, however, something must be
incorrect. Please show your work
Score: 0 of 10 pts 10 of 11 (8 complete) HW Score: 58%, 29 of 50 pts Instructor-created question Question Help Bicycles arrive at a bike shop in boxes. Before they can be sold, they must be unpacked, assembled and tuned (lubricated, adjusted, etc.). Based on past experience, the shop manager assumes the times for each setup phase are independent and follow a normal distribution....
Tim's Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has divided sales into two categories, as follows: Product Type Bigh-quality Medium- quality Sales Price $1.750 870 Invoice Cost $790 570 Sales Commission $90 30 Three-quarters of the shop's sales are medium-quality bikes. The shop's annual fixed expenses are $277,200. (In the following requirements, ignore income taxes.) Required: 1. Compute the unit contribution margin for each product type. 2. What is the shop's sales mix?...
Make sure you show your work clearly, use calculus, and box your final answer. No work = No credit. You may use a calculator, DESMOS, notes, and book. 1. (8 points) Let y = -x3 + 6x2 - 5 a. Find all critical numbers for f(x). b. Find the absolute extrema on the interval [-1, 3). Clearly label your answers. c. Find the absolute extrema on the interval [1, 3). Clearly label your answers. 2. (6 points) Let y =...
Please show your work.
Please show your work.
3. Graph the following budget set. The two goods in question are food and clothing. Suppose that the individual has 500 dollars that can be spent on either food or clothing and that a 200 dollar subsidy is available for food and a 150 dollar subsidy is available for clothing. The price of a unit of food is 10 dollars and the price of a unit of clothing is 25 dollars. The...
please show all your work i am really trying to understand how to
solve these
The revenue (in millions of dollars) from the sale of x units at a home supply outlet is given by R(x) = 0.25. The profit in milions of dollars) from the sale of x units is given by P(x) = 0.081x-0.7 (a) Find the cost equation. (b) What is the cost of producing 7 units? (c) What is the break-even point? Show all of your...
need help with a,d,and f
Exam 2.YOU MUST SHOW ALL WORK NEATLY AND ORDERLY (step by step) Work will be on regular white paper (same as this test is on.) Make sure you staple all pages together. 1. (70 points) The price function for a certain product is p-50ln(0.02x) a. Find R(x) b. Find the value of x that will maximize revenue. c. Write the intervals of concavity and describe the behavior of R(x) in each interval d. Find the...
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