Determine the amount of sales (units) that would be necessary under

Break-Even Sales Under Present and Proposed Conditions

Darby Company, operating at full capacity, sold 93,150 units at a price of $66 per unit during the current year. Its income statement for the current year is as follows:

Sales                                      $6,147,900

Cost of goods sold                                           3,036,000

Gross profit                                        $3,111,900

Expenses:                                          

Selling expenses              $1,518,000                          

Administrative expenses              1,518,000                            

Total expenses                                 3,036,000

Income from operations                                               $75,900

The division of costs between fixed and variable is as follows:

Variable               Fixed

Cost of goods sold           70%                        30%       

Selling expenses              75%                        25%       

Administrative expenses              50%                        50%       

Management is considering a plant expansion program that will permit an increase of $528,000 in yearly sales. The expansion will increase fixed costs by $52,800, but will not affect the relationship between sales and variable costs.

5. Determine the amount of sales (units) that would be necessary under the proposed program to realize the $75,900 of income from operations that was earned in the current year. Enter the final answers rounded to the nearest whole number.
units

6. Determine the maximum income from operations possible with the expanded plant. Enter the final answer rounded to the nearest dollar.
$

7. If the proposal is accepted and sales remain at the current level, what will the income or loss from operations be for the following year? Enter the final answer rounded to the nearest dollar.
$ Income

Below are the jersey numbers of 11 players randomly selected from a football team. Find the​ range, variance, and standard deviation for the given sample data. What do the results tell​ us?

53   98   58   69   16   65   32   95   59   15   44

Below are the jersey numbers of 11 players randomly selected from a football team. Find the​ range, variance, and standard deviation for the given sample data. What do the results tell​ us? 99 53 74 58 1 98 10 19 7 48 61

Below are the jersey numbers of 11 players randomly selected from a football team. Find the​ range, variance, and standard deviation for the given sample data. What do the results tell​ us?

46 93 73 92 1 63 71 41 66 29 37

In class, I made the following statement:

"Starting from now on, every dollar value you see should have an 'invisible' time tag."

Explain carefully what the 'time tag' is and why the 'time tag' serves an important role for us in understanding the time value of money.

In your own words! What are the current tax issues being reported in the press and are there any major changes that might be coming up in the future? Do you think that these changes are going to help our economy or set us back and why?

DO NOT COPY FROM A BOOK OR ARTICLE!

In the article “The Bitter Pill” it is depicted through many examples that Medicare reimbursements to hospitals differ drastically from the prices hospitals charge uninsured individuals. Explain why these two groups are billed such different prices by hospitals in the US. Consider the role that market structure and imperfect competition play.

A toll-free phone number is available from 9 a.m. to 9 p.m. to customers who want to register a complaint about a product purchased from your company. Past history indicates that, on average, 0.4 calls are received per hour.

(a) Decide what would be an appropriate distribution to describe the process [2] of people making complaints. Give a justification of your answer, in at most one sentence.

(b) Using the distribution in (a), find the following probabilities: (i) the probability that zero phone calls will be received; [4] (ii) the probability that one phone call will be received; [4] (iii) the probability that two or more phone calls will be received. [2]