A Shoe retailer wants to add a new brand in his shoe outlet. When this new product will added an additional weekly payment of $5500 will be required. Variable cost is $5/product and selling price is $11/product. Find the operating profit generated if 2100 units are sold in a week? A)$12,600 B)$4,800 C) $6,800 D) $7,100
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- reeway company introduces an improved version of an PC product in 2021; it is likely that the demand for the existing PC will decline because customers will buy the improved version. The decline in demand for the original product is not indicated by historical data. your opinion about the historical demand data will be: a. the historical demand is still useful in that it allows the firm to estimate the combined total demand for the two versions b. the historical demand is not useful. c. the historical demand is still useful in that it allows the firm to estimate the demand for the old version only d. the historical demand is still useful in that it allows the firm to estimate the demand for the new version onlyFat(g) Item cost($) $0.25 $0.15 $0.10 $0.09 $0.03 $0.04 $0.02 $0.04 Item Sodium(mg) Calories Beef Ratty.m 50 17 220 260 330 310 Bun Cheese 70 Onions 1 10 Pickles 260 5 wer Lettuce 3 4 Ketchup 160 20 Tomato 3 As the owner of a fastfoad restaurant with declining sales, your customers are looking for something new and exciting on the menu. Your market research indicates that they want a burger that is loaded with everything as long as it meets certain health requirements. Money is no object to them. The ingredient list in the table shows what is available to include on the burger. You must include at least one of each item and no more than five of each item. You must use whole items (for example, no half servings of cheese). The final burger must contain less than 3000 mg of sodium, less than 150 grams of fat, and less than 3000 calories. To maintain certain taste quality standards you'll need to keep the servings of ketchup and lettuce the same. Also, you'll need to keep the servings of…Mazoon Company sells 500 units resulting in $150,000 of sales revenue, $50,000 of variable costs, and $36,000 of :fixed costs. Breakeven point in units is None of the given answers .a O units 180 b O units 300 .c O units 72 d O units 100 .e O
- WHAT ARE THE USUAL ISSUES A WATER REFILLING STATION FACES AGAINST ITS COMPETITORS WHEN IT COMES TO THE FOLLOWNG: PRICE BENEFITS/FEATURES SIZE/PROFITABILITY MARKET STRATEGYFranklin Company makes fine jewelry that it sells to department stores throughout the United States. Franklin is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow. Bracelet A Bracelet B Cost of materials per unit Cost of labor per unit Advertising cost per year Annual depreciation on existing equipment %24 30 37 43 43 8,800 6,500 7,700 5,900 Required a. Identify the fixed costs and determine the amount of fixed cost for each product. b. Identify the variable costs and determine the amount of variable cost per unit for each product. c. Identify the avoidable costs and determine the amount of avoidable cost for each product.Aling Minda is operating a buy and sell business, she sells broomsticks (walis tingting) in her stall at a local market. She gets her broomsticks from a local supplier for 25 pesos each. She then adds 50 percent mark-up on each broomstick. Every day, aling Minda can sell 30 broomsticks a day. Use the template below and fill in the necessary figures based on the scenario. Remember to use the factors to consider in projecting revenues and refer to tables 1, 2 and 3 as your guide. Table 1 Projected Daily Revenue Name of Business Projected Projected Cost Volume Mark-up Selling Revenue per (D) _% Price (E) Merchandise/ Unit Average No. (B) (C) Products (A) of Items (Daily) Sold (Daily) (B)= (A x (A) (C)= (A+B) (D) (E) =(C x D) .50) Total
- As manager of the St. Cloud Theatre Company, you have decided that concession sales will support themselves. The following table provides the information you have been able to put together thus far. Item % of Revenue Selling Price $1.20 $2.00 $1.00 $1.00 Variable Cost Soft Drink $0.60 24 25 $0.90 $0.30 Wine Coffee 31 Candy $0.35 20 Last year's manager, Scott Ellis, has advised you to be sure to add 10% of variable cost as a waste allowance for all categories. You ostimate labor cost to be $260.00 (5 booths with 2 people each) Even if nothing is sold, your labor cost will be $280.00, so you decide to consider this a fixed cost Booth rental, which is a contractual cost at $80.00 for each booth per night, is also a fixed cost. a) Based on the information available, the per night break-oven point in dollars for the St. Cloud Theatre Company = $(round your response to two decimal places).Your Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, BRound Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows: Room Rental Class Super Saver Deluxe Business $30 $30 Type I Type II Type I rooms do not have high-speed wireless Internet access and are not available for the Business rental class. Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 120 rentals in the Super Saver class, 55 in the Deluxe class, and 50 in the Business class. Round Tree has 90 Type I rooms and 120 Type II rooms. $25 $20 $40 (a) Formulate and solve a linear program to determine how many reservations to accept in each rental class and how the reservations should be allocated to room types. Rental Class…
- Using this chart. Calculate the bundle prices and net profits. I understand the Satisfying Smoothie costs $10 for the late customers, $7 for the Hydration Drink for early customers. What happened to the $5 for the early customers and $6 for the late customers? Please break down where you get the numbers for net profit and the formula you used.Northwest corner method Minimum cost method Vogel method You can use one of themeBased on the data presented below, which one of the following statements is true? Product X Product Y average total units total average sales price sold sales price revenue 2012 $10 200 $150 $10 2013 $11 190 $180 $12 2014 $10 250 $225 $15 A. Demand for product X is price inelastic. B. Demand for product Y is price inelastic. O C. Product X and Product Y are complements. O D. Product X and Product Y are substitutes. O E. Both A and C.