This is C# programming.

In Chapter 2, you created an interactive application named GreenvilleRevenue.

The program prompts a user for the number of contestants entered in this year’s and last year’s Greenville Idol competition, and then it displays the revenue expected for this year’s competition if each contestant pays a $25 entrance fee.

The programs also display a statement that compares the number of contestants each year. Now, replace that statement with one of the following messages:

• If the competition has more than twice as many contestants as last year, display The competition is more than twice as big this year!

• If the competition is bigger than last year’s but not more than twice as big, display The competition is bigger than ever!

• If the competition is smaller than last year’s, display, A tighter race this year! Come out and cast your vote!

Here's My Code:

using System;
using static System.Console;
class GreenvilleRevenue
{
static void Main()
{
const int ENTRANCE_FEE = 25;
string entryString;
int numThisYear;
int numLastYear;
int revenue;
bool isThisYearGreater, twiceLastYear;
Write("Enter number of contestants last year >> ");
entryString = ReadLine();
numLastYear = Convert.ToInt32(entryString);
Write("Enter number of contestants this year >> ");
entryString = ReadLine();
numThisYear = Convert.ToInt32(entryString);
revenue = numThisYear * ENTRANCE_FEE;
isThisYearGreater = numThisYear > numLastYear;
WriteLine("Last year's competition had {0} contestants, and this year's has {1} contestants",
numLastYear, numThisYear);
WriteLine("Revenue expected this year is {0}", revenue.ToString("C"));
WriteLine("It is {0} that this year's competition is bigger than last year's.", isThisYearGreater);
}
}

cost value pricing

Must show work

CVP Question Catalonia Company (CC) makes silicon wafers that its salespeople sell B-to-B for $100/wafer. All salespeople get a commission equal to 10% of the revenue from the wafers they sell, and in addition, the salespeople receive a base salary of $40,000 per person. In 2017, CC had 10 sales people, and its total sales revenue was $10,000,000. The manufacturing facility used to make the wafers has a fixed cost of $2,000,000, and a variable cost of $30/wafer. CC has no other costs or revenues other than those just described. For 2018, CC plans on modifying both its production facilities and the method by which it compensates its salespeople. The modified production facilities will increase its 2017 fixed manufacturing costs by $1,000,000 (for a total of $3,000,000 in fixed manufacturing costs), but it will reduce the variable cost per wafer to $20/wafer. CC intends to retain its existing sales staff, and not hire any more, but it intends to increase their commissions to 15% of sales revenue they generate (instead of the previous 10%). The salespeople’s base salary will remain unchanged from its 2017 levels, as will the wafer’s selling price. Please answer both of the following questions: 1. Will CC’s breakeven level of sales (expressed in dollars of sales revenue) for 2018 be higher or lower than in 2017? Support your answer with computations. 2. What level of sales also (expressed in dollars) will CC have to achieve in 2018 to generate the same direct (aka: variable) costing income that it achieved in 2017?

Top executive officers of Baird Company, a merchandising firm, are preparing the next year’s budget. The controller has provided everyone with the current year’s projected income statement.

  
Cost of goods sold is usually 75 percent of sales revenue, and selling and administrative expenses are usually 10 percent of sales plus a fixed cost of $74,000. The president has announced that the company’s goal is to increase net income by 15 percent.

Required

The following items are independent of each other.

Using Excel prepare a pro forma income statement. What percentage increase in sales would enable the company to reach its goal?

The market may become stagnant next year, and the company does not expect an increase in sales revenue. The production manager believes that an improved production procedure can cut cost of goods sold by 2 percent. Prepare a pro forma income statement still assuming the President's goal to increase net income by 15 percent. Calculate the required reduction in selling & administrative expenses to achieve the budgeted net income.

The company decides to escalate its advertising campaign to boost consumer recognition, which will increase selling and administrative expenses to $347,000. With the increased advertising, the company expects sales revenue to increase by 15 percent. Assume that cost of goods sold remains a constant proportion of sales. Prepare a pro forma income statement. Will the company reach its goal?

C2. Blanton Corporation is comprised of five operating segments. Information about each of these segments is as follows (in thousands):

Required:

A) Which operating segments are reportable under the revenue test?

B) What is the total amount of revenues in applying the revenue test?

C) Which operating segments are reportable under the profit or loss test?

D) In applying the profit or loss test, what is the minimum amount an operating segment must have in order to meet the profit or loss test for a reportable segment?

E) Which operating segments are reportable under the asset test?

F) In applying the asset test, what is the minimum amount an operating segment must have in order to meet the asset test for a reportable segment?

G) Which operating segments are reportable?

H) According to the test results for reportable segments, is there a sufficient number of reported segments or should any additional segments also be disclosed? Explain the reason for your conclusion.

Top executive officers of Tildon Company, a merchandising firm, are preparing the next year’s budget. The controller has provided everyone with the current year’s projected income statement.

Cost of goods sold is usually 70 percent of sales revenue, and selling and administrative expenses are usually 10 percent of sales plus a fixed cost of $30,000. The president has announced that the company’s goal is to increase net income by 15 percent.

Required

The following items are independent of each other:

A. Prepare a pro forma income statement. What percentage increase in sales would enable the company to reach its goal?

B. The market may become stagnant next year, and the company does not expect an increase in sales revenue. The production manager believes that an improved production procedure can cut cost of goods sold by 2 percent. Prepare a pro forma income statement still assuming the President's goal to increase net income by 15 percent. Calculate the required reduction in selling & administrative expenses to achieve the budgeted net income.

C. The company decides to escalate its advertising campaign to boost consumer recognition, which will increase selling and administrative expenses to $230,000. With the increased advertising, the company expects sales revenue to increase by 15 percent. Assume that cost of goods sold remains a constant proportion of sales. Prepare a pro forma income statement. Will the company reach its goal?

7) If direct labor and direct material costs increase by $1 each, contribution margin ________.

A) increases by $20,000

B) increases by $14,000

C) decreases by $24,000

D) decreases by $14,000

Answer the following questions using the information below:

Alex Furniture sells a table for $850. His fixed costs are $25,000, while his variable costs are $500 per table. He currently plans to sell 175 tables this month.

8) What is the budgeted revenue for the month assuming that Alex sells 175 tables?

A) $145,750

B) $148,750

C) $150,000

D) $142,250

9) What is the budgeted operating income for the month assuming that Alex sells 175 tables?

A) $45,250

B) $37,000

C) $36,250

D) $36,750

10) Winnz sells 8,000 units resulting in $100,000 of sales revenue, $35,000 of variable costs, and $45,000 of fixed costs. The contribution margin percentage is ________.

A) 66.67%

B) 65.0%

C) 37.5%

D) 75.0%

11) Winnz sells 8,000 units resulting in $100,000 of sales revenue, $35,000 of variable costs, and $45,000 of fixed costs. To achieve $150,000 in operating income, sales must total ________.

A) $440,000

B) $160,000

C) $130,000

D) $300,000

Answer the following questions using the information below:

Star Jewelry sells 500 units resulting in $75,000 of sales revenue, $28,000 of variable costs, and $18,000 of fixed costs.

12) Breakeven point in units is ________.

A) 196 units

B) 203 units

C) 185 units

D) 192 units

The table below represents the output and cost structure for a firm. The market is perfectly​ competitive, and the market price is ​$10. Total costs include all implicit opportunity costs.

1. Calculate the firm’s profit at each rate of output and fill in the values in the table.
2. Calculate firm's marginal cost and marginal revenue at each rate of output and fill in the values in the table.
3. Calculate the firm’s average total costs and average variable costs at each rate of output and fill in the values in the table.
4. Based on the information in the table​ above, plot marginal cost​ (MC) at each rate of output. Properly label this line.
5. ​Based on the information in the table​ above, plot marginal revenue​ (MR) at each rate of output. Properly label each line.
6. Based on the information in the table​ above, plot average total costs ​ (ATC) and average variable costs at each rate of output. Properly label each line.
7. Highlight in yellow the short-run supply curve for this perfectly competitive firm.
8. Based on marginal​ analysis, what is the​ profit-maximizing rate of output for the firm?

The a2 Milk Company (ATM) wants to hedge against the foreign exchange (FX) risk of its sales revenue in Chinese Yuan Renminbi (CNY) as the majority of its operating expenses are denominated in New Zealand Dollar (NZD). The company expects to receive 30 million in CNY in exactly 6 months.

Required:

1. Suppose that ATM has decided to use a “money market hedge”, i.e., to transform its future CNY revenue into NZD by trading in the spot CNY/NZD market as well as borrowing/lending NZD and CNY. Using the information provided below, determine the equivalent NZD amount of the company’s revenue (of 30 million CNY) that it will receive in 6 months, after the company employs the money market hedge. Discuss the procedures that the company should take so as to obtain the NZD-equivalence revenue. Express your answer in thousands with 3 dps.

Note: the interest is compounded semi-annually.

2. Now suppose that a local bank offers ATM the following six-month CNY/NZD FX rates: 4.5313/4.5649 (bid/ask). Should the company conduct a “forward hedge”, i.e., enter a forward contract with the bank, or go for the “money market hedge” as in part (a)? Support your answer with numerical calculations. Ignore all transaction costs other than the bid/ask spreads of FX and interest rates.

Top executive officers of Vernon Company, a merchandising firm, are preparing the next year’s budget. The controller has provided everyone with the current year’s projected income statement.

  
Cost of goods sold is usually 70 percent of sales revenue, and selling and administrative expenses are usually 10 percent of sales plus a fixed cost of $77,000. The president has announced that the company’s goal is to increase net income by 15 percent.

Required

The following items are independent of each other.

1. Prepare a pro forma income statement. What percentage increase in sales would enable the company to reach its goal?

2. The market may become stagnant next year, and the company does not expect an increase in sales revenue. The production manager believes that an improved production procedure can cut cost of goods sold by 1 percent. Prepare a pro forma income statement still assuming the President's goal to increase net income by 15 percent. Calculate the required reduction in selling & administrative expenses to achieve the budgeted net income.

3. The company decides to escalate its advertising campaign to boost consumer recognition, which will increase selling and administrative expenses to $341,000. With the increased advertising, the company expects sales revenue to increase by 15 percent. Assume that cost of goods sold remains a constant proportion of sales. Prepare a pro forma income statement. Will the company reach its goal?

Schylar Pharmaceuticals, Inc., plans to sell 120,000 units of antibiotic at an average price of $18 each in the coming year. Total variable costs equal $820,800. Total fixed costs equal $7,400,000.

Required:

1. What is the contribution margin per unit? Round your answer to the nearest cent.
$

What is the contribution margin ratio? Round your answer to two decimal places. (Express as a decimal-based answer rather than a whole percent amount.)

2. Calculate the sales revenue needed to break even. Round your answer to the nearest dollar.
$

3. Calculate the sales revenue needed to achieve a target profit of $215,000. Round your answer to the nearest dollar.
$

4. What if the average price per unit increased to $19.50? Recalculate the following:

a. Contribution margin per unit. Round your answer to the nearest cent.
$

b. Contribution margin ratio. Enter your answer as a decimal value (not a percentage), rounded to four decimal places.

c. Sales revenue needed to break even. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar.
$

d. Sales revenue needed to achieve a target profit of $215,000. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar.
$