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problem is completely solved below.
Calculating average of continuous functions is quite different from that of discrete functions.Formula for the same is discussed below.
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4. A company introduces a new product for which the number of units sold S is...
The following time series shows the number of units of a particular product sold over the...
The following time series shows the number of units of a
particular product sold over the past six months.
a. Use
= 0.2 to compute the exponential smoothing values for the time
series, forecast the sales volume for month 7, and fill in the
unknown spaces.
Compute the number (i):
Compute the number (ii):
Compute the number (iii):
What is the mean square error (MSE)?
b. Consider the following 3-month moving average for the above
time series and forecasting the...
After the Introduction of a new product, the percent of the public that is aware of the product is approximated by A(t)=...
After the Introduction of a new product, the percent of the public that is aware of the product is approximated by A(t)= 10t22-t where t is time in months. (a). Calculate A'(t). (b). Find the rate of change of the percent of the public that is aware of the product after 2 months and after 4 months and include units. (c). In part (b), one of your answers should have been positive while the other should have been negative. what...
A factory is dumping pollutants into a river at a rate given by dx/dt = t3/4/500...
A factory is dumping pollutants into a river at a rate given by dx/dt = t3/4/500 tons per week, where t is the time in weeks since the dumping began and x is the number of tons of pollutants. (a) Find the equation for total tons of pollutants dumped. x(t) = (b) How many tons were dumped during the first year? (Round your answer to two decimal places.) tons Need Help? Read It Talk to a Tutor Submit Answer Practice...
The following Information is available on Bruder Inc.'s Product A: Number of units sold each year...
The following Information is available on Bruder Inc.'s Product A: Number of units sold each year Selling price per unit Unit product cost Investment in Product A Required return on investment 23,000 $ 70 $ 40 $530,000 11% The company uses the absorption costing approach to cost-plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $690,000 $631,700 $283,000 $390,000...
Brief Exercise 11-06 On December 1, Sunland Company introduces a new product that includes a one...
Brief Exercise 11-06 On December 1, Sunland Company introduces a new product that includes a one year warranty on parts. In December, 1,700 units are sold. Management believes that 5% of the units will be defective and that the average warranty costs will be $90 per unit. RESOURCES Practice h 11 fcise 11-03 al- Leve! on) srcise 11-04 ercise 11-06 Arcise 11-11 eview 11-01 Prepare the adjusting entry at December 31 to accrue the estimated warranty cost, assuming no warranty...
Company AAA produces only one product which other manufacturers purchase as a component for their final...
Company AAA produces only one product which other manufacturers purchase as a component for their final products. The operations manager wants to plan the production and inventory quantities of the product for the first six months of the next year. The monthly demand is forecasted as follows. January February March April May June 1200 1400 1800 2400 2600 2200 The company has three production options: regular production, overtime production, and subcontracting. Production cost per unit during regular time is $80...
This year Bertrand Company sold 40,000 units of its only product for $25 per unit. Manufacturing...
This year Bertrand Company sold 40,000 units of its only product for $25 per unit. Manufacturing and selling the product required $200,000 of fixed manufacturing costs and $325,000 of fixed selling and administrative costs. Its per unit variable costs follow. on Material a Direct labor (pald on the basis of completed units). Variable overhead costs Variable selling and administrative costs $8.00 5.00 10.50 . Next year the company will use new material, which will reduce material costs by 50% and...
The following information is available on Bruder Inc.'s Product A: Number of units sold each year...
The following information is available on Bruder Inc.'s Product A: Number of units sold each year Selling price per unit Unit product cost Investment in Product A Required return on investment 19,000 $ 100 $ 70 $490,000 15% The company uses the absorption costing approach to cost-plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are: (Round your Intermediate calculations to 2 decimal places.) į Multiple Choice 0 $239,000 0 $840,000...
The sales, S. of a product have declined in recent years. There were 201 million sold...
The sales, S. of a product have declined in recent years. There were 201 million sold in 1984 and 1,3 million sold in 1994. Assume the sales are decreasing according to the exponential decay model, S(t)= S, a) Find the value k and write an exponential function that describes the number sold after time, t, in years since 1984 b) Estimate the sales of the product in the year 2002 c) in what year (theoretically) will only 1 of the...
Fleet, Inc., manufactured 700 units of Product A, a new product, during the year. Product A's...
Fleet, Inc., manufactured 700 units of Product A, a new product, during the year. Product A's variable and fixed manufacturing costs per unit were $6.00 and $2.00, respectively. The inventory of Product A on December 31 consisted of 100 units. There was no inventory of Product A on January 1. What would be the change in the dollar amount of inventory on December 31 if variable costing were used instead of absorption costing? [11] A. $800 decrease. O B. $200...
The following time series shows the number of units of a
particular product sold over the past six months.
a. Use
= 0.2 to compute the exponential smoothing values for the time
series, forecast the sales volume for month 7, and fill in the
unknown spaces.
Compute the number (i):
Compute the number (ii):
Compute the number (iii):
What is the mean square error (MSE)?
b. Consider the following 3-month moving average for the above
time series and forecasting the...
A factory is dumping pollutants into a river at a rate given by dx/dt = t3/4/500 tons per week, where t is the time in weeks since the dumping began and x is the number of tons of pollutants. (a) Find the equation for total tons of pollutants dumped. x(t) = (b) How many tons were dumped during the first year? (Round your answer to two decimal places.) tons Need Help? Read It Talk to a Tutor Submit Answer Practice...
The following Information is available on Bruder Inc.'s Product A: Number of units sold each year Selling price per unit Unit product cost Investment in Product A Required return on investment 23,000 $ 70 $ 40 $530,000 11% The company uses the absorption costing approach to cost-plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are: (Round your intermediate calculations to 2 decimal places.) Multiple Choice O $690,000 $631,700 $283,000 $390,000...
Brief Exercise 11-06 On December 1, Sunland Company introduces a new product that includes a one year warranty on parts. In December, 1,700 units are sold. Management believes that 5% of the units will be defective and that the average warranty costs will be $90 per unit. RESOURCES Practice h 11 fcise 11-03 al- Leve! on) srcise 11-04 ercise 11-06 Arcise 11-11 eview 11-01 Prepare the adjusting entry at December 31 to accrue the estimated warranty cost, assuming no warranty...
This year Bertrand Company sold 40,000 units of its only product for $25 per unit. Manufacturing and selling the product required $200,000 of fixed manufacturing costs and $325,000 of fixed selling and administrative costs. Its per unit variable costs follow. on Material a Direct labor (pald on the basis of completed units). Variable overhead costs Variable selling and administrative costs $8.00 5.00 10.50 . Next year the company will use new material, which will reduce material costs by 50% and...
The following information is available on Bruder Inc.'s Product A: Number of units sold each year Selling price per unit Unit product cost Investment in Product A Required return on investment 19,000 $ 100 $ 70 $490,000 15% The company uses the absorption costing approach to cost-plus pricing described in the text. Based on these data, the total selling and administrative expenses each year are: (Round your Intermediate calculations to 2 decimal places.) į Multiple Choice 0 $239,000 0 $840,000...
The sales, S. of a product have declined in recent years. There were 201 million sold in 1984 and 1,3 million sold in 1994. Assume the sales are decreasing according to the exponential decay model, S(t)= S, a) Find the value k and write an exponential function that describes the number sold after time, t, in years since 1984 b) Estimate the sales of the product in the year 2002 c) in what year (theoretically) will only 1 of the...
Fleet, Inc., manufactured 700 units of Product A, a new product, during the year. Product A's variable and fixed manufacturing costs per unit were $6.00 and $2.00, respectively. The inventory of Product A on December 31 consisted of 100 units. There was no inventory of Product A on January 1. What would be the change in the dollar amount of inventory on December 31 if variable costing were used instead of absorption costing? [11] A. $800 decrease. O B. $200...
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