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- Davidson Corp. produces a single product: fireproof safety deposit boxes for home use. The budgetgoing into the current year anticipated a selling price of $55 per unit. Because of competitive pressures, the company had to cut selling prices by 10% during the year. Budgeted variable costs per unitare $32, and budgeted total fixed costs are $156,000 for the year. Anticipated sales volume for theyear was 10,000 units. Actual sales volume was 5% less than budget. (1) What was the sales pricevariance for the year? (Round your answer to the nearest whole dollar.) (2) Label this variance F(favorable) or U (unfavorable), as appropriateItems Selling Price Per Unit Total Sales quantity Direct Labor Cost Direct Material Cost Other Variable expense Management Salaries Utilities (electricity, water, communications) Advertising Expense (80% Fixed, 20% Variable) Interest Expense Distribution Expense(80% Fixed, 20% Variable) Selling and Commission (90% Fixed and 10% Variable) *Taxes (annual) Note: Total tax annually * Unit OMR units or pcs OMR OMR OMR OMR OMR OMR OMR OMR OMR OMR Amount 340 2,852,600 8,390 64,210 1,158,200 1,510 32,990 14,750 140,880 1,600 42,480 11,300Alar is a manager at Shoeless Joe's Sports Bar and Grill and was approached by a hockey team asking for sponsorship. Sponsorship would mean purchasing 18 jerseys for the team BUT would see the team visit the restaurant on a regular basis. • The EXPECTED RETURNS for the restaurant from these visits would be Gross Sales of $2,000 per year for an expected five years. (Assume the restaurants profit margin on food/alcohol sales is 40%, so USE NET PROFIT of $800 per year for all calculations). Further, the jerseys would have the Shoeless Joe's logo and act as advertising (a goodwill function in accounting), BUT this is not considered in the calculations. Alar remembers something about CLTV in college and wants to calculate the CLTV using different methods on ONLY the future expected business from the team ($800 per year) (ignore advertising or goodwill from the jerseys). Determine: a) The CLTV of the team for "five years" using the "Easy Method". b) The CLTV of the team using the "Simple…
- 28. 4.4 The Gorman Manufacturing Company must decide whether to purchase a component part from a supplier or to manufacture the component at its own plant. If demand is high, it would be to Gorman's advantage to manufacture the component. If demand is low, however, Gorman's unit manufacturing cost will be high because of underutilization of equipment. The projected profit in thousands of dollars for Gorman's make-or-buy decision is as follows. Demand Medium $40 $45 Decision Manufacture component Purchase component a. Determine the best decisions using the maximax, maximin, and opportunity loss decision criteria. b. Assume that the probability of low demand is 0.35, of medium demand is 0.35, and of high demand is 0.30. What is the best decision using the expected value criterion and what is the expected value of perfect information? Low $220 $210 High $100 $70Alpha Company Employee Pro ductivity Resulte Alpha Company Individual Employee Report for Sheila in 02 Qt resuts 30 Breakdown by Types of Services 02 resuts 26 24 0 forecast 21 20 Services 20 1010 19 20% Basic A 15 1313 Basic B 15 Upgrade A 10 Upgrade B 41% Deluxe A Maurice Auan Rohan Shela Anna Andrew Deluxe B Given the sales trends of Q1 to Q3, the most reasonable conclusion to be drawn is that revenue from... • Andrew will increase in Q4 OJuan will increase in Q4 Clear Answer Andrew will decrease in Q4 O Rohan will exceed that of Anna in Q4 Anna will exceed that of Sheila in Q4Subject: Logistic Manangement Q#1) What are the defination of Verticle and Horizontal Integration, explain with examples of each?1.1: Definition1.2: Examples
- Accounting 2b. An analysis of Terbolt Corporation's operating income changes between 2021 and 2022 show the following: Operating income for 2021 $4,750,000 Add growth component 75,000 Add price-recovery component 398,000 Deduct productivity component (50,000) Operating income for 2022 $5,173,000 Required: Is Terbolt's operating income gain consistent with the product differentiation or cost leadership strategy? Explain briefly.Q: How the net profit is calculated for product explain and derive formula for it?1. Why business card important? 2. Explain three objectives of fiverr.
- Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?10 advantages and disadvantages of The Run to failure strategyWhat are the steps in the intuitive lowest-cost method?p