Blenkinsop Manufacturing produces ChopNSlice, a multifunctional slicing and chopping kitchen tool. The following shows a summary of the manufacturing data for ChopNSlice for 2020. Selling price per unit $ 64 Variable manufacturing costs 38 Annual fixed manufacturing costs 201 060 Variable selling, distribution and administration costs 10 Annual fixed non-manufacturing costs 102 940 Annual volume 28 000 units.

a.Calculate the profit earned in 2020. (1 mark)

b. Blenkinsop Manufacturing has decided to introduce robots in part of the manufacturing production process with the changes taking place in 2021. The new production methods would bring about a decrease in variable costs per unit of $18 but would increase the fixed manufacturing costs by $150 000. How many units would need to be sold to earn the same profit as in 2020? Would you recommend the changes?

c. Prepare the Statement of Profit or Loss for (a) and (b).

Mr. G, age 79 years, has always been physically active. He walks long distances on a daily basis and works out with weights. While lifting weights one day, he experienced severe lower back pain that radiated down his left leg. The leg also felt weak. His doctor diagnosed a herniated intervertebral disk and advised immediate bed rest, with frequent application of heat, and skeletal muscle relaxant drugs.

1. Discuss the pathophysiological changes and the probable location of the changes.

2. Explain why Mr. G. was told to notify the physician immediately if he was unable to urinate.

3. Why is it important for Mr. G. to use muscle relaxant drugs and apply heat at this stage?

4. Discuss possible complications and any further treatment that might be required. 5. Explain why this herniated disk may cause recurrent problems.

The following work-up steps are part of our second synthesis (“Hydrogenation of a Chalcone”).

a) Add 15 mL of brine and 10 mL of ethyl acetate to the mixture. Shake vigorously, then separate the ethyl acetate layer from the aqueous phase.

b) Extract the aqueous phase again with an additional 5 mL of ethyl acetate.

c) Combine the two ethyl acetate solutions and wash this ethyl acetate layer with 5

mL of brine. Drain the aqueous phase and pour the ethyl acetate solution into a

clean 25-mL Erlenmeyer flask.

d) Dry the organic phase with anhydrous magnesium sulfate for 5 min.”

Which (if any) changes to the outcome of the work-up would you expect for each of the following changes to the procedure?

i) In step a), replace ethyl acetate with hexane.

ii) Omit step b).

iii) In step c), use water instead of brine.

iv) Omit step d).

3. You are considering a new product launch. The project will cost $820,000, have a four-year life, and have no salvage value; depreciation is straight-line to zero. Sales are projected at 450 units per year; price per unit will be $18,000; variable cost per unit will be $15,400; and fixed costs will be $610,000 per year. The required return on the project is 15 percent, and the relevant tax rate is 35 percent.

a. Based on your experience, you think the unit sales, variable cost, and fixed cost projections given here are probably accurate to within ±10 percent. What are the upper and lower bounds for these projections? What is the base-case NPV? What are the best-case and worst-case scenarios?

b. Evaluate the sensitivity of your base-case NPV to changes in fixed costs. For every dollar increase in fixed cost, by how much the NPV changes? c. What is the accounting break-even level of output for this project?

Revenue and expense data for Bluestem Company are as follows:

Year 2 Year 1

administrative expenses 37,720 20,300

COGS 360,000 319,900

Income tax 41,000 32,200

Sales 820,000 700,000

Selling expense 154,160 109,900

1) Required: (a) Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales. Round your percentages to one decimal place. Enter all amounts as positive numbers. Refer to the Accounts and Amount Descriptions for correct wording of text entries. (b) Comment upon significant changes disclosed by the comparative income statement.

2) Comment upon significant changes disclosed by the comparative income statement.

There was an (increase/decrease) the cost of goods sold and a 1.7% (increase/decrease) in administrative expenses. However, the more significant of 3.1% in selling expenses offset the 1.8% (increase/decrease) in the cost of goods sold and contributed greatly to the 3.4% (increase/decrease) in net income.

3. Use both the TVM equations and a financial calculator to find the following values. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.
a. An initial $400 compounded for 10 years at 4%.


b. An initial $400 compounded for 10 years at 8%.


c. The present value of $400 due in 10 years at a 4% discount rate.


d. The present value of $400 due in 10 years at an 8% discount rate.

1) Start with an initial AD-AS model with the below full-employment equilibrium. Please label all the axes and the curves. Label the equilibrium as "1".

2) Let's say the Fed would like to use a policy to recover the economy. What kinds of policy the Fed has to use? Please note that the Fed would like to have the full employment equilibrium for the economy. Make sure to indicate the policy's name, the direction of the policy (e.g. increase or decrease of whatever the tools that they are using), the details of the tool, and the details of the channels. You may want to indicate what happens to the economy after the policy as well.

3) After the policy, what happens to which curve(s)? Make sure to show the changes in the above AD-AS model. Indicate the new equilibrium as "2". Show the movement into your graph and explain the change clearly.

4) Therefore, what happens to the equilibrium and the economic condition? Explain all the changes in quantity and price in writing.