KISS Electronics is considering the production of a new Blu-ray player. The managerial accountant has provided the following information: Number of units to be produced each year 10,000 Unit variable manufacturing costs $70 Fixed manufacturing costs $250,000 Required ROI 17% Estimated investment required by the company $489,000 Unit variable selling and administrative costs $8 Fixed selling and administrative costs $120,750 Required: answer the following questions by providing only numeric values without any formatting to the boxes given below. Round all the numbers to the 2nd decimal places. a. Assume KISS uses the absorption approach to cost-plus pricing and the unit sales is 10,000 units, calculate the unit cost, the markup percentage, and the unit sales price by filling in the following boxes: Unit variable cost

1. Calculate the answer by read surrounding text. Unit fixed cost

2. Calculate the answer by read surrounding text. Unit cost

3. Calculate the answer by read surrounding text. Markup percentage

4. Calculate the answer by read surrounding text. Unit sales price

5. Calculate the answer by read surrounding text. b. Assume KISS uses the absorption approach to cost-plus pricing with a markup percentage of 25%, and the unit sales is 7,500 units, calculate the unit cost and the unit sales price by filling in the following boxes: Unit variable cost

6. Calculate the answer by read surrounding text. Unit fixed cost

7. Calculate the answer by read surrounding text. Unit cost

8. Calculate the answer by read surrounding text. Markup

9. Calculate the answer by read surrounding text. Unit sales price

10. Calculate the answer by read surrounding text. c. Assume KISS uses the total variable cost approach to cost-plus pricing and the unit sales is 7,500 units, calculate the unit cost, the markup percentage, and the unit sales price by filling in the following boxes: Unit cost

11. Calculate the answer by read surrounding text. Markup percentage

12. Calculate the answer by read surrounding text. Unit sales price

13. Calculate the answer by read surrounding text.

Agriculture near Lake Okeechobee focuses heavily on sugar cane fields and citrus groves. These crops require supplemental fertilizer, such as nitrates and phosphates, to be added to the soil. Many farms apply a set amount of fertilizer. Any leftover fertilizer that was not absorbed into the soil or used by the plants is washed away by rainwater into streams that flow from Lake Okeechobee to the Everglades. Some farms are testing variable fertilization, which involves testing the soil and then adding only the required amount of fertilizer. You have been provided with data on nitrate levels (ug/L) in streams near farms from two years: 2014 (when the farms were using a set amount of fertilizer) and 2017 (after the farm switched to the variable fertilizer method). For both years, sampling was conducted by collecting water samples from 35 streams near these farms. Based on observations of water in streams near these farms during 2014 and 2017, we could ask the following question: Has the nitrate level (ug/L) in streams near farms changed with the adoption of variable fertilization methods?

1. For the study above, identify the following: (4 points)

a. Population: The average nitrate levels on all the streams near farms.

b. Sample: The average nitrate levels on 35 streams that were sampled.

c. Parameter:

d. Statistics:

2. For the study above, identify the following: (3 points)

a. Dependent Variable

b. Independent Variable

c. Is the independent variable categorical or numerical?

3. Write a null, two-tailed alternative, and one-tailed alternative statistical hypothesis for this study. (3 Points)

308 Chapter 11 CASE STUDYCase stUDYCollege and professional sports are economy boosters for their host cities. The stream of revenue to the local economy generated by excited fans comes from the sale of tickets, hotel room rentals, car rentals, restaurant meals served, gasoline sales, park-ing fees, and vendor sales. The sales become even greater when a team is winning.Cities such as Lincoln, Nebraska; Columbus, Ohio; Tallahassee, Florida; and Baton Rouge, Louisiana count on the revenue generated by sell-out crowds during the college football season. Stadiums that hold from 82,000 to 102,000 fans provide an eco-nomic windfall for the college com-munities where they are located.Some fans of professional sports teams, such as the Chicago Cubs and Green Bay Packers, are loyal no mat-ter how well their team is performing. These faithful fans provide a steady flow of revenue to the sports program and surrounding communities.College World Series Wars?Cities that host major sporting events understand the financial benefits. Omaha, Nebraska, appreciates the millions of dollars poured into the city during the annual College World Series. Zesto’s, a popular fast-food restaurant, has truckloads of food rolling in each day to meet the demands of customers from all over the United States.The event has been voted the Best Annual Local Event and ranks as the third-most important state tourist attraction, according to a survey conducted by Omaha Magazine. The revenue from this two-week event has attracted the attention of other cities, such as Oklahoma City, that would like the opportunity to host the event in the future. Economic experts estimate that the College World Series generates more than $40 million for the Omaha economy. It is no wonder that other cities would like to host thisevent.Omaha tore down Rosenblatt Stadium, the former home of the College World Series, to build the new $131-million TD Ameritrade Park Omaha that has 24,505 seats. Omaha must continue to demonstrate top-notch hospitality so that the College World Series event planners continue to choose Omaha as its host city.Think Critically

1. Why is it important for Omaha to continue hosting the College World Series? Consider both financial and nonfinancial benefits.

2. What are some of the greatest sources of revenue for cities that are home to popular college and professional sports teams?

3. How can hosting a major event like the College World Series help a city develop a national image? Explain your answer.

4. List ten good food items for ven-dors to sell at the College World Series

Student Loan topic): Your case study shows that the social construction/approach to federal student loans has changed over the decades. Find two examples of the framing around this issue, and also find at least one account of why tuition costs have grown so much faster than the cost of living.

Forecasting labour costs is a key aspect of hotel revenue management that enables hoteliers to appropriately allocate hotel resources and fix pricing strategies. Mary, the President of Hellenic Hoteliers Federation (HHF) is interested in investigating how labour costs (variable L_COST) relate to the number of rooms in a hotel (variable Total_Rooms). Suppose that HHF has hired you as a business analyst to develop a linear model to predict hotel labour costs based on the total number of rooms per hotel using the data provided. 3.1 Use the least squares method to estimate the regression coefficients b0 and b1 3.2 State the regression equation 3.3 Plot on the same graph, the scatter diagram and the regression line 3.4 Give the interpretation of the regression coefficients b0 and b1 as well as the result of the t-test on the individual variables (assume a significance level of 5%) 3.5 Determine the correlation coefficient of the two variables and provide an interpretation of its meaning in the context of this problem 3.6 Check statistically, at the 0.05 level of significance whether there is any evidence of a linear relationship between labour cost and total number of rooms per hotel

TR=TOTAL ROOMS, L COST =LABOUR COST

TR L_COST       Turnover_per_Room
412       2,165,000       21,519.42
313       2,214,985       21,755.04
265       1,393,550       17,937.91
204       2,460,634       37,400.05
172       1,151,600       31,824.30
133       801,469 19,444.46
127       1,072,000       22,551.18
322       1,608,013       18,205.04
241       793,009 8,793.00
172       1,383,854       25,114.16
121       494,566       14,095.35
70       437,684       22,231.59
65       83,000 5,953.85
93       626,000       18,150.99
75       37,735       3,871.67
69       256,658       11,071.70
66       230,000       8,030.30
54       200,000       10,185.19
68       199,000      
57       11,720       2,982.46
38       59,200       6,342.11
27       130,000       25,185.19
47       255,020       18,223.26
32       3,500 1,000.00
27       20,906 2,384.85
48       284,569       14,264.58
39       107,447       10,478.26
35       64,702       10,811.29
23       6,500 3,478.26
25       156,316       22,231.56
10       15,950       8,150.00
18       722,069       81,556.71
17       6,121 2,151.88
29       30,000       4,068.97
21       5,700 4,142.86
23       50,237       5,113.83
15       19,670       10,037.87
8       7,888 4,849.25
20 3,750.00
11 1,753.91
15       3,500 2,666.67
18       112,181       34,260.90
23              
10       30,000 12,000.00
26       3,575 3,001.81
306       2,074,000       19,803.92
240       1,312,601       15,823.58
330       434,237       4,361.65
139       495,000       17,050.36
353       1,511,457       15,370.22
324       1,800,000       15,432.10
276       2,050,000       22,101.45
221       623,117       9,199.82
200       796,026       18,158.06
117       360,000       11,649.57
170       538,848       10,294.08
122       568,536       17,510.12
57       300,000       15,614.04
62       249,205       9,623.61
98       150,000       6,326.53
75       220,000       6,666.67
62       50,302       2,058.19
50       517,729       20,000.00
27       51,000       16,666.67
44       75,704       7,118.52
33       271,724       40,499.76
25       118,049       9,664.80
42              
30       40,000       4,833.33
44 522.73
10       10,000       7,300.00
18       10,000       5,555.56
18 1,338.22
73       70,000       4,958.90
21       12,000       6,904.76
22       20,000       3,636.36
25       36,277       1,489.72
25       36,277       1,489.72
31       10,450       2,348.39
16       14,300       5,000.00
15       4,296       732.00
12 1,083.33
11 2,000.00
16       379,498      
22       1,520 673.36
12       45,000       58,333.33
34       96,619       18,817.53
37       270,000       21,621.62
25       60,000 10,000.00
10       12,500 9,000.00
270       1,934,820       27,977.57
261       3,000,000       36,781.61
219       1,675,995       17,559.77
280       903,000 15,907.14
378       2,429,367       16,666.67
181       1,143,850       22,352.93
166       900,000 20,180.72
119       600,000       31,932.77
174       2,500,000       32,628.43
124       1,103,939       17,559.77
112       363,825 8,054.72
227       1,538,000       16,173.81
161       1,370,968       23,161.53
216       1,339,903       12,503.53
102       173,481       6,795.40
96       210,000       15,833.33
97       441,737       11,759.43
56       96,000       8,000.00
72       177,833       7,501.82
62       252,390       25,266.45
78       377,182       17,409.35
74       111,000       9,891.89
33       238,000       23,848.48
30       45,000       5,919.30
39       50,000       3,846.15
32       40,000       6,250.00
25       61,766       4,237.28
41       166,903       25,266.46
24       116,056       17,409.33
49       41,000       5,102.04
43       195,821       11,759.42
9              
20       96,713       17,409.35
32       6,500       2,953.13
14       5,500       2,500.00
14       4,000       4,285.71
13       15,000       2,307.69
13       9,500       1,538.46
53       48,200       3,528.30
11       3,000       10,909.09
16       27,084       3,652.44
21       30,000       2,380.95
21       20,000       2,380.95
46       43,549       1,314.04
21       10,000       952.38

If you found an emaciated house cat in a park and decided to provide nutritional rehabilitation, what are 4 important principles that you would consider in deciding your course of action (list and explain)?

Please answer each question in 350-500 words.

Discuss how you and your work place(Delta hotel by Marriott) could create a better team-orientated work environment.