Questions
National Co. manufactures and sells three products: red, white, and blue. Their unit sales prices are...
|
National Co. manufactures and sells three products: red, white, and blue. Their unit sales prices are red, $56; white, $86; and blue, $111. The per unit variable costs to manufacture and sell these products are red, $41; white, $61; and blue, $81. Their sales mix is reflected in a ratio of 2:2:1 (red:white:blue). Annual fixed costs shared by all three products are $151,000. One type of raw material has been used to manufacture all three products. The company has developed a new material of equal quality for less cost. The new material would reduce variable costs per unit as follows: red, by $11; white, by $21; and blue, by $11. However, the new material requires new equipment, which will increase annual fixed costs by $21,000. |
| Required: | |
| 1. |
Assume if the company continues to use the old material, determine its break-even point in both sales units and sales dollars of each individual product. (Round up your composite units to whole number. Omit the "$" sign in your response.) |
| Break-Even Points | Sales Units | Sales Dollars |
| Red at break-even | $ | |
| White at break-even | $ | |
| Blue at break-even | $ | |
| 2. |
Assume if the company uses the new material, determine its new break-even point in both sales units and sales dollars of each individual product. (Round up your composite units to whole number. Omit the "$" sign in your response.) |
| Break-Even Points | Sales Units | Sales Dollars |
| Red at break-even | $ | |
| White at break-even | $ | |
| Blue at break-even | $ | |
In: Accounting
National Co. manufactures and sells three products: red, white, and blue. Their unit sales prices...
|
National Co. manufactures and sells three products: red, white, and blue. Their unit sales prices are red, $65; white, $95; and blue, $120. The per unit variable costs to manufacture and sell these products are red, $50; white, $70; and blue, $90. Their sales mix is reflected in a ratio of 2:2:1 (red:white:blue). Annual fixed costs shared by all three products are $160,000. One type of raw material has been used to manufacture all three products. The company has developed a new material of equal quality for less cost. The new material would reduce variable costs per unit as follows: red, by $7; white, by $17; and blue, by $7. However, the new material requires new equipment, which will increase annual fixed costs by $30,000. |
| Required: | |
| 1. |
Assume if the company continues to use the old material, determine its break-even point in both sales units and sales dollars of each individual product. (Round up your composite units to whole number. Omit the "$" sign in your response.) |
| Break-Even Points | Sales Units | Sales Dollars |
| Red at break-even | $ | |
| White at break-even | $ | |
| Blue at break-even | $ | |
| 2. |
Assume if the company uses the new material, determine its new break-even point in both sales units and sales dollars of each individual product. (Round up your composite units to whole number. Omit the "$" sign in your response.) |
| Break-Even Points | Sales Units | Sales Dollars |
| Red at break-even | $ | |
| White at break-even | $ | |
| Blue at break-even | $ |
In: Accounting
A. Explain and illustrate an indifference curve of a complimentgood. with a curveB. state...
A. Explain and illustrate an indifference curve of a compliment good. with a curve
B. state whether true or false. Explain your answer. If price of good x rises holding all other prices and income constant.
- The substitution effect alone will make a consumer buy more of x if x is inferior.
- The income effect will make a consumer buy more of x if x is a normal good.
use graphs in all your explainations
In: Economics
14. Suppose that you buy a semi-annual coupon bond with coupon rate of 10%; the market...
14. Suppose that you buy a semi-annual coupon bond with coupon
rate of 10%;
the market price of $1,120, and the time to maturity of 17 years.
Seven years from now,
the YTM on your bond is expected to decline by 2%, and you plan to
sell. What is the
holding period yield (HPY) on your investment?
Could you explain the question in detail with formula plz! I don't understand others poster answers.
In: Finance
Problem 2 Consider an economy described by the production function: Y = F(K,L) = K 1/2...
Problem 2
Consider an economy described by the production function: Y = F(K,L) = K 1/2 L 1/2
a. What is the per- worker production function?
b. Assuming no population growth or technological progress, find the steady- state capital stock per worker, output per worker, and consumption per worker as a function of the saving rate and the depreciation rate.
c. Assume that the depreciation rate is 10 percent per year. Make a table showing steady-state capital per worker, output per worker, and consumption per worker for saving rates of 0 percent, 10 percent, 20 percent, 30 percent, and so on. (You will need a calculator with an exponent key or Excel for this.) What saving rate maximizes output per worker? What saving rate maximizes consumption per worker?
d. Use calculus to find the marginal product of capital. Add to your table from part (c) the marginal product of capital net of depreciation for each of the saving rates. What does your table show about the relationship between the net marginal product of capital and steady-state consumption?
In: Economics
Please select one section of the geologic time scale and do the following: 1. Select one...
Please select one section of the geologic time scale and do the following:
1. Select one part (either a period or an epoch).
2, What types of fossils can be found? What about major rock types? Geologic conditions? Geologic structures?
3. What types of organisms lived during this time?
4. Where there any major geologic events (massive volcanism, meteorite impacts, extinction events)?
5. Include references where you found your information.
In: Other
Describe the sessions and salaries in the Texas state legislature. Explain how a bill becomes a...
Describe the sessions and salaries in the Texas state legislature. Explain how a bill becomes a law. In your opinion, does our state legislature work for the needs of the citizens of Texans? What reforms, if any, would you suggest?
In: Psychology
Selected accounts from the SFP of Passen Ltd. at 31 December 20X8 and 20X7 are presented below. Passen reported earnings of $100,000 in 20X8.
Selected accounts from the SFP of Passen Ltd. at 31 December 20X8 and 20X7 are presented below. Passen reported earnings of $100,000 in 20X8. There was a stock dividend recorded, valued at $50,000 that reduced retained earnings and increased common shares.
There was also a cash dividend declared and common shares issued for cash.
Required:
List the items that would be included in the SCF from these accounts for 20X8. Include the appropriate section (operating, investing, or financing). Use the indirect method of presentation in the operating activities section. List the non-cash item disclosure. Make logical assumptions about unexplained changes in accounts.
In: Accounting
Philosophy book philosophical investigations in paragraph 345 what is this comment trying to say? or mean...
Philosophy book philosophical investigations in
paragraph 345 what is this comment trying to say? or mean
PI: 316-362
In line 345 of this particular section of the
Investigations, Wittgenstein explores the idea of the importance of
language and the purpose it serves. Wittgenstein does through a
what if question about rules and if rules were never obeyed, if
they were never obeyed then the rules themselves lose their purpose
and if the language of said rules serves no purpose then it has no
practical use for people. We use language have an understanding of
the world and the concepts within it, but if the language we are
reading serves no purpose we do not need it for our understanding
of logical space because it would make no sense.
In: Operations Management
What change or changes in the state of a gas bring about each of the following effects?
What change or changes in the state of a gas bring about each of the following effects?
(a) The number of impacts per unit time on a given container wall increases.
(b) The average energy of impact of molecules with the wall of the container decreases.
(c) The average distance between gas molecules increases.
(d) The average speed of molecules in the gas mixture is increased.
In: Chemistry