Questions
Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the...

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15.00 per ball, of which 60% is direct labor cost. Last year, the company sold 56,000 of these balls, with the following results: Sales (56,000 balls) $ 1,400,000 Variable expenses 840,000 Contribution margin 560,000 Fixed expenses 373,000 Net operating income $ 187,000 Required: 1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year’s sales level. 2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball. If this change takes place and the selling price per ball remains constant at $25.00, what will be next year's CM ratio and the break-even point in balls? 3. Refer to the data in (2) above. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same net operating income, $187,000, as last year? 4. Refer again to the data in (2) above. The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement 1a), what selling price per ball must it charge next year to cover the increased labor costs? 5. Refer to the original data. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40.00%, but it would cause fixed expenses per year to double. If the new plant is built, what would be the company’s new CM ratio and new break-even point in balls? 6. Refer to the data in (5) above. a. If the new plant is built, how many balls will have to be sold next year to earn the same net operating income, $187,000, as last year? b. Assume the new plant is built and that next year the company manufactures and sells 56,000 balls (the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage.

In: Accounting

In this assessment you are required to design a wireless campus network for Faber University. This...

In this assessment you are required to design a wireless campus network for Faber University. This assessment is group assessment and you may work in groups of upto 4 students. To design the wireless campus network for the university you are required to conduct a requirement analysis, propose a design of the network considering the university requirements, carry out a security analysis and propose a WLAN monitoring tool for monitoring the network in the future. The network needs to be designed with an industry tool for example packet tracer, GNS3 etc. The assessment will help in developing an understanding of communication in wireless networks, the security issues and the limitations and challenges. Faber University has recently been experiencing a decreasing level of enrolment. Faber was built in the early 1900s, and until ten years ago, was known as one of the finest centres for higher education on the eastern seaboard. In the last ten years, however, enrolment seemed to plateau and then slowly decline. Faber's Chancellor Jennings has hired a polling agency and formed an action committee composed of faculty, students, and administration to determine the causes of the university's decline in enrolment. The polling agency surveys the graduating seniors and reports that the emerging needs of students are not being met. The new generation of student that the university wants to attract is the technically elite who are known as early technology acceptors. Faber's rich history and, consequently, its old network architecture and lack of technical infrastructure, security and privacy, are its downfall in this new, technological environment. The university has different areas and buildings, the Administration department, the Athletic department, the Engineering department, the Biological Sciences department, the Liberal Arts department, the Student Union, Residential halls, Sports complex, Lake and Park. The campus is spread over large land and each building and open space is 200 meters apart. All the buildings have multiple floors and the current enrolment of students is 5000, there are 50 staff members and guests also visit the campus. As IT students your group has been assigned to design the wireless network. The following process needs to be followed to design a secure wireless campus network that meets the university requirements.

• Requirement Analysis

• Wireless Network Design

• Security Analysis

• Maintenance and Troubleshooting

In: Computer Science

Fork Motor Company is an automobile manufacturer operating in the US. It has divided its market...

Fork Motor Company is an automobile manufacturer operating in the US.

It has divided its market into three regions and has built three regional distribution centers (RDC) to serve these markets. The RDCs are located in California, Florida and Texas.

The annual demand at each regional distribution center is estimated as follows and the company wants to meet all the demand.

- RDC – California: 1.5M automobiles (i.e., 1.5 million)

- RDC – Florida: 0.5M automobiles

- RDC – Texas: 1M automobiles

Fork Motor has two plants in Michigan and Nevada and wants to distribute the automobiles to the RDCs at the lowest cost. So they need to decide how many cars to ship from each of the plants to each of the RDCs to achieve minimum cost. You are asked to model and solve this allocation problem.

Below, you are given the shipping distance between Fork Motor’s facilities in miles.

Plant – Michigan

Plant – Nevada

RDC – California

2000

300

RDC – Florida

1000

1300

RDC – Texas

1200

800

The head of supply chain informs you that you need to consider the capacity limits of the plants. The Michigan plant is much larger than the one in Nevada. He adds that the capacity limits are as follows:

- Plant – Michigan: 2.5M

- Plant – Nevada: 0.7M

The company estimates that transportation of each car will cost 8.53 dollars per mile.

What is the minimum cost of shipping cars to RDCs in million dollars?

In: Accounting

Please describe in terms of molecular motion and inter-chain attractive forces, the motion of polymer chains...

Please describe in terms of molecular motion and inter-chain attractive forces, the motion of polymer chains of a viscous polymer film as it is cooled at a constant rate as the sample moves through three temperature regimes:

a. Above Tg

b. Near or at Tg

c. Below Tg

In: Chemistry

Consider this opinion: "Interest rates have been generally declining for the past 30 years, and are...

Consider this opinion: "Interest rates have been generally declining for the past 30 years, and are near historical lows in the U.S. Therefore, there is nowhere for interest rates to go but up, which means you'd have to be nuts to invest in bonds!" What do you think?

In: Finance

Explain why in recent years central banks in numerous developed countries have resorted to a near...

Explain why in recent years central banks in numerous developed countries have resorted to a near -zero interest rates or negative interest rate . Make sure to explain what is meant by negative interest rate policy . Which are macroeconomic consequences of such a policy ? Explain.

In: Economics

Understand the structure and role of: o Actin filaments: aka microfilaments, helical polymer, found near the...

Understand the structure and role of:
o Actin filaments: aka microfilaments, helical polymer, found near the plasma membrane, microvilli, and striated muscle, role of fimbrin vs. alpha-actinin vs. filamin, diseases that may come from mutations in actin filament proteins

In: Biology

A basketball player, standing near the basket to grab a rebound, jumps 66.9 cm vertically. How...

A basketball player, standing near the basket to grab a rebound, jumps 66.9 cm vertically. How much time does the player spend in the top 14.2 cm of his jump?How much time does the player spend in the bottom 14.2 cm of the jump?

In: Physics

A basketball player, standing near the basket to grab a rebound, jumps 69.1 cm vertically. How...

A basketball player, standing near the basket to grab a rebound, jumps 69.1 cm vertically. How much time does the player spend in the top 15.0 cm of his jump? How much time does the player spend in the bottom 15.0 cm of the jump?

In: Physics

A basketball player, standing near the basket to grab a rebound, jumps 68.6 cm vertically. How...

A basketball player, standing near the basket to grab a rebound, jumps 68.6 cm vertically. How much time does the player spend in the top 14.4 cm of his jump? How much time does the player spend in the bottom 14.4 cm of the jump?

In: Physics