Question
In: Statistics and Probability
Let's assume that the retailer buys the T-shirt from a wholesaler and sells it for $40.00....
Let's assume that the retailer buys the T-shirt from a wholesaler and sells it for $40.00. If the retailer wishes to make a 20% margin on price, what the maximum cost the retailer is prepared to pay?
Solutions
Expert Solution
The maximum cost the retailer is prepared to pay is 33.3333$
orchestra answered 2 years agoRelated Solutions
FF&T Corporation is a confectionery wholesaler that frequently buys and sells securities to meet various investment...
FF&T Corporation is a confectionery wholesaler that
frequently buys and sells securities to meet various investment
objectives. The following selected transactions relate to
FF&T’s investment activities during the last two months of
2021. At November 1, FF&T held $45 million of 20-year, 12%
bonds of Convenience, Inc., purchased May 1, 2021, at face value.
Management has the positive intent and ability to hold the bonds
until maturity. FF&T’s fiscal year ends on December
31.
Nov.
1
Received semiannual interest of...
FF&T Corporation is a confectionery wholesaler that frequently buys and sells securities to meet various investment...
FF&T Corporation is a confectionery wholesaler that
frequently buys and sells securities to meet various investment
objectives. The following selected transactions relate to
FF&T’s investment activities during the last two months of
2021. At November 1, FF&T held $40 million of 20-year, 12%
bonds of Convenience, Inc., purchased May 1, 2021, at face value.
Management has the positive intent and ability to hold the bonds
until maturity. FF&T’s fiscal year ends on December 31.
Nov.
1
Received semiannual interest of...
FF&T Corporation is a confectionery wholesaler that frequently buys and sells securities to meet various investment...
FF&T Corporation is a confectionery wholesaler that
frequently buys and sells securities to meet various investment
objectives. The following selected transactions relate to
FF&T’s investment activities during the last two months of
2018. At November 1, FF&T held $48 million of 20-year, 10%
bonds of Convenience, Inc., purchased May 1, 2018, at face value.
Management has the positive intent and ability to hold the bonds
until maturity. FF&T’s fiscal year ends on December 31. Nov. 1
Received semiannual interest of...
Assume that ABC Co. sells T-shirts for $20/ shirt. The marginal cost of production is $9/...
Assume that ABC Co. sells T-shirts for $20/ shirt. The marginal
cost of production is $9/ shirt, and fixed costs are $1,500/ year.
The tax rate is 20%. What is the new break-even point of the number
of T-shirts required to be sold if sales price and fixed costs are
both reduced by 15%.
Select one: a. None of the above
b. 187
c. 159
Question 2 Question text XYZ Co. intends to expand operations
and enters into a 10...
Consider a supply chain where a manufacturer sells to a distributor who sells to a wholesaler who sells to a retailer.
Bullwhip Effect:Consider a supply chain where a
manufacturer sells to a distributor who sells to a wholesaler who
sells to a retailer. Last year, the retailer's weekly variance of
demand was 4000 units. The weekly variance of orders was 5000;
8000; 12,000; and 17,000 units for the retailer, wholesaler,
distributor, and manufacturer, respectively. (Note that the
variance of orders equals the variance of demand for that firm's
supplier.)(a)
Calculate the bullwhip measure for the retailer.(b)
Calculate the bullwhip measure for...
Coaltown is a wholesaler and retailer of office furniture. Extracts from the company’s financial statements are...
Coaltown is a wholesaler and retailer of office furniture.
Extracts from the company’s financial statements are set out
below:
Statements of comprehensive income for the year ended:
31 March 2009
31 March 2008
Revenue
Cost of sales
– cash – credit
$’000
12,800
53,000 –––––––
(380)
(220) ––––––
$’000
65,800
(43,800) ––––––– 22,000
(11,200)
$’000
26,500
28,500 –––––––
$’000
55,000
(33,000) ––––––– 22,000
(6,920)
(180) ––––––– 14,900
(4,400) ––––––– 10,500
1,200 ––––––– 11,700 –––––––
$’000 Total
26,800 12,900 12,000
(4,000)...
Homework 5: Assume you work for the “Life is Good” T Shirt Company. In an effort...
Homework 5:
Assume you work for the “Life is Good” T Shirt Company. In an
effort to keep up with demand, the company has expanded facilities
and purchased state of the art equipment to print t-shirts. The new
equipment cost $980,000. There were additional expenditures of
$25,000 for transportation to the facility and transport insurance.
Additionally, a service and warranty policy was signed for the
equipment which will cost $1800 a year for the next 5 years. The
salvage value...
Suppose a wholesaler buys new disposable phones from your factory for $30 per phone
1) Suppose a wholesaler buys new disposable phones from your
factory for $30 per phone, and wants to make a 30% margin on the
selling price. How much must the wholesaler sell each phone?2)Suppose you are selling new pairs of environmentally friendly
shoes through a series of intermediaries. Your suggested retail
price is $120 per pair. The retailer requires a 40% margin while
the wholesaler requires 25 percent margin.How much will the retailer pay for the shoes?How much will the...
Inner Secret T Shirt Company produces and sells one product. The following information pertains to each...
Inner Secret T Shirt Company produces and sells one product. The
following information pertains to each of the company’s first three
years of operations: Variable costs per unit: Manufacturing: Direct
materials $ 29 Direct labor $ 14 Variable manufacturing overhead $
4 Variable selling and administrative $ 1 Fixed costs per year:
Fixed manufacturing overhead $ 570,000
Fixed selling and administrative expenses $ 170,000
During its first year of operations, O’Brien produced 92,000
units and sold 75,000 units.
During its...
Inner Secret T Shirt Company produces and sells one product. The following information pertains to each...
Inner Secret T Shirt Company produces and sells one product. The
following information pertains to each of the company’s first three
years of operations:
Variable costs per unit:
Manufacturing:
Direct materials $ 26
Direct labor $ 18
Variable manufacturing overhead $ 5
Variable selling and administrative $
1
Fixed costs per year:
Fixed manufacturing overhead $
540,000
Fixed selling and administrative expenses
$ 100,000
During its first year of operations, O’Brien produced 94,000
units...
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