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s suppliers discounts prices for larger quantities. The first 1,000 f 3,000 cost $11 each. 1....
Goodyear Tires gives discount for larger quantities of tire purchase. Their discounts are as follows First...
Goodyear Tires gives discount for larger quantities of tire purchase. Their discounts are as follows First 1500 tires: $20 each Next 2500 tires: $18 each Any that exceeds 4000 tires: $15 each Build an Excel spreadsheet to calculate the average cost and marginal cost for the following quantities of tire purchase. 600 1600 2600 3600
1.An unfavorable variable overhead spending variance may be caused by: A. the payment of lower prices...
1.An unfavorable variable overhead spending variance may be caused by: A. the payment of lower prices for variable overhead items B. an increase in electricity costs per kilowatt hour charged by the utilities company C. price increases on direct materials D. the use of excessive quantities of variable overhead items 2.T Company expects to incur the following per unit costs for 1,000 units of production: Direct materials of 4 pounds per unit at $3 per pound AND direct labor of...
1. NAME and LABEL each curve S/cu. ft a. answer: marginal cost curve for water MCsater...
1. NAME and LABEL each curve S/cu. ft a. answer: marginal cost curve for water MCsater S10/cubic foot b. C. d. 2 Determine the following and EXPLAIN WHY; S5/cubic foot a equilibrium quantity of water the fim will sell -100m cu.ft because on that unit of water sold (100mth cn.ft.) MR MC b. equilibrium price the firm will charge for water because: c. total revenue earned by the firm at equilibrium because: quantity of water, d. total costs to the...
can anyone answer this please with workings [Ec Question 1 Consider the matrix below: T12 6 a) Find A b) What is th...
can anyone answer this please with workings
[Ec Question 1 Consider the matrix below: T12 6 a) Find A b) What is the rank of matrix A? c) If element a became 4, would this change results to parts (a) and (b), and if so, why? Consider these further matrices: B= d) Describe, using matrix terminology, each of the further matrices above (be sure to also describe the dimensions of each matrix). Perform the following matrix operations, where possible, being...
11-30 Relevant Cost Exercises Each of the following situations is independent: a. Make or Buy Ter...
11-30 Relevant Cost Exercises Each of the following situations is independent: a. Make or Buy Terry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering an offer from a subcontractor to provide 2,000 units of product OP89 for $120,000. If Terry does not purchase these parts from the subcontractor, it must continue to produce them in-house with these costs: Cost per Unit Direct materials $28 Direct labor 18 Variable overhead 16 Allocated fixed overhead 4 Required 1....
Please first estimate the cost of each component of capital. Then, figure out the current capital...
Please first estimate the cost of each component of capital. Then, figure out the current capital structure according to the market value of debt and of equity. Finally, calculate the WACC. Cost of Debt, ra: Allied has outstanding 20-year noncallable bonds with a face value of $1,000, an 8% annual coupon (annual payment), and a market price of $908.71. If Allied is planning to issue new debt, what would be a reasonable estimate of the interest rate on the new...
EXHIBIT 1 Budget for the quarter ending 31 March 2019 Euros Budget sales 200,000 Cost of...
EXHIBIT 1 Budget for the quarter ending 31 March 2019 Euros Budget sales 200,000 Cost of production 149,500 Gross margin 50,500 Administration expenses 19,900 Distribution expenses 5,700 Sales commission 20,000 Financial expenses 800 46,400 Budgeted Net Profit 4,100 EXHIBIT 2 Schedule of Revenue and Production Costs per Product. Product A B C D Sales price 20 40 30 20 Direct material (imported) 7 16 13 10 Direct labour and packing 3 4 6 4 Production overhead 4 5 6 5...
Melody is an accountant at Centric, a large international firm where she works on potential acquisitions....
Melody is an accountant at Centric, a large international firm where she works on potential acquisitions. When Centric is preparing to acquire a company, Melody is involved in filing the necessary paperwork with the Securities and Exchange Commission (SEC). Melody has been dating Robert for two years; they are now discussing marriage. Robert works as a salesperson for an exercise equipment distributor. Over the past two years, Melody has talked with Robert about what she’s doing at work. She does...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases specialization B) may cause coordination difficulties. C) always increases the amount of output produced D) increases efficiency. 2) Which of the following statements is NOT true? A) AFC = AC - AVC C) AVC = wage/MPL B) AC = AFC + AVC D) C=F-VC 3) The more elastic the demand curve, a monopoly A) will have a larger Lemer Index. will face a lower...
Problem 1 Assume that a radiologist group practice has the following cost structure: Fixed costs $500,000...
Problem 1 Assume that a radiologist group practice has the following cost structure: Fixed costs $500,000 Variable cost per procedure $25 Charge (price) per procedure $100 Furthermore, assume that the group expects to perform 7,500 procedures in the coming year. Part A a. Construct the group’s base case projected P&L statement. (See exhibit 5-5). P & L Statement Revenue 750,000 (100 x 7500) Variable Costs -187,500 (25 x 2500) Contribution 562,500 Fixed Costs -500,000 Net income/profit 62,500 b. What is...
1. NAME and LABEL each curve S/cu. ft a. answer: marginal cost curve for water MCsater S10/cubic foot b. C. d. 2 Determine the following and EXPLAIN WHY; S5/cubic foot a equilibrium quantity of water the fim will sell -100m cu.ft because on that unit of water sold (100mth cn.ft.) MR MC b. equilibrium price the firm will charge for water because: c. total revenue earned by the firm at equilibrium because: quantity of water, d. total costs to the...
can anyone answer this please with workings
[Ec Question 1 Consider the matrix below: T12 6 a) Find A b) What is the rank of matrix A? c) If element a became 4, would this change results to parts (a) and (b), and if so, why? Consider these further matrices: B= d) Describe, using matrix terminology, each of the further matrices above (be sure to also describe the dimensions of each matrix). Perform the following matrix operations, where possible, being...
Please first estimate the cost of each component of capital. Then, figure out the current capital structure according to the market value of debt and of equity. Finally, calculate the WACC. Cost of Debt, ra: Allied has outstanding 20-year noncallable bonds with a face value of $1,000, an 8% annual coupon (annual payment), and a market price of $908.71. If Allied is planning to issue new debt, what would be a reasonable estimate of the interest rate on the new...
1) Decreasing returns to scale may occur as increasing the amount of inputs used A) increases specialization B) may cause coordination difficulties. C) always increases the amount of output produced D) increases efficiency. 2) Which of the following statements is NOT true? A) AFC = AC - AVC C) AVC = wage/MPL B) AC = AFC + AVC D) C=F-VC 3) The more elastic the demand curve, a monopoly A) will have a larger Lemer Index. will face a lower...
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